Question
Your firm spends $5,200 every month on printing and mailing costs, sending statements to customers. If the interest rate is 0.52% per month, what is
Your firm spends
$5,200
every month on printing and mailing costs, sending statements to customers. If the interest rate is
0.52%
per month, what is the present value of eliminating this cost by sending the statements electronically?
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Finance For Executives Managing For Value Creation
Authors: Gabriel Hawawini, Claude Viallet
6th Edition
1473749247, 9781473749245
