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Your company will generate $47,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate
Your company will generate $47,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 71 percent. what is the present value of the savings? (Do not round intermediate calculations and round answer to 2 decimal places, e.g., 32.16.) Present val 252,415.91 13 Investment X offers to pay you $4,200 per year for eight years, whereas Investment Y offers to pay you $6,100 per year for five years. a. Calculate the present value for Investment X and Y if the discount rate is 5 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b. Calculate the present value for Investment X and Y if the discount rate is 15 percent. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Skipped a. Present value of Investment X at 5 percent Present value of Investment Y at 5 percent Present value of Investment X at 15 percent Present value of Investment Y at 15 percent
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