Business, 12.08.2020 08:01 aaaranda0308

The required investment cost of a new, large shopping center is $49 million. The salvage value of the project is estimated to be $20 million (the value of the land). The project's life is 15 years and the annual operating expenses are estimated to be $14 million. The MARR for such projects is 15% per year. What must the minimum annual revenue be to make the shopping center a worthwhile venture?

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The required investment cost of a new, large shopping center is $49 million. The salvage value of th...

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