Business, 17.02.2020 21:05 dannnaa

Revenue is $6,000,000 the first year. You anticipate that it will increase by 6% a year for the subsequent 5 years. Assume an interest rate of 6%, compounded annually. What is the present value of revenue? a. $26 million b. $28.3 million c. $26.75 million d. $27.45 million

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Revenue is $6,000,000 the first year. You anticipate that it will increase by 6% a year for the subs...

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