2) If you invest $499,000 and you have an annual expense of $45,000 in year...
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Accounting
2) If you invest $499,000 and you have an annual expense of $45,000 in year one which increases by $9,900 each year there after. Annual revenues are $199,000 each year. What is the Present Worth of the operation, and the Annual Equivalent for the next 5 years? Using an MARR of 11.5%.
pls solve in excel showing the formulas thank u
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