Question
Your company will generate $70,000 in annual revenue each year for the next six years from a new information database. If the appropriate interest rate
| Your company will generate $70,000 in annual revenue each year for the next six years from a new information database. If the appropriate interest rate is 8.75 percent, what is the present value of the savings? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Present value | $ |
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Applied Quantitative Finance
Authors: W.; T. Kleinkow; G. Stahl Hardle
1st Edition
3540434607, 978-3540434603
