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Suppose that a company develops a new motor oil that never needs to replaced. This will save the typical driver $120.00 per year in oil
Suppose that a company develops a new motor oil that never needs to replaced. This will save the typical driver $120.00 per year in oil change costs. If the discount rate for the typical driver is 6.00% per year, what is the value of these savings today?
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Financial Management For Public Health And Not-for-Profit Organizations
Authors: Steven A. Finkler, Daniel L. Smith, Thad D. Calabrese, Robert M. Purtell
7th Edition
1071835335, 978-1071835333
