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The market volume for widgets is increasing by 15% per year from current profits of 200000. Investing in a design change will allow the profit
The market volume for widgets is increasing by 15% per year from current profits of 200000. Investing in a design change will allow the profit per widget to stay steady: otherwise profits will drop 3% per year. What is the present worth of the savings over the next 5 years? Ten years? The interest rate is 10%
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Auditing
Authors: David Ricchiute
8th Edition
0324226292, 978-0324226294
