jmills3533 jmills3533

11-03-2020
Business

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Your company will generate 73,000 in annual revenue each year for the next eight years from a new information database. If the appropriate interest rate is 8.5 percent, what is the present value of the savings?

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lisabowser81 lisabowser81

11-03-2020

$73,000x8.5%=$6,205 for one year
I believe you are looking for either this number or $6,205x8?
$49,640 for 8 years

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