Question
You are thinking of building a new machine that will save you $5,000 in the first year. The machine will then begin to wear out
You are thinking of building a new machine that will save you $5,000 in the first year. The machine will then begin to wear out so that the savings decline at a rate of 2 % per year forever. What is the present value of the savings if the interest rate is 8 % per year?
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Handbook On Anti Money Laundering And Combating The Financing Of Terrorism For Nonbank Financial Institutions
Authors: Asian Development Bank
1st Edition
9292577611, 978-9292577612
