You sold your online business to Google. Google agreed to pay you $70,000 now, $30,000...
70.2K
Verified Solution
Link Copied!
Question
Finance
You sold your online business to Google. Google agreed to pay you $70,000 now, $30,000 per year for the next 9 years and $100,000 in 10 years if the business meets certain performance targets. If you invested the money, you would earn a return of 7%. Part 1 Attempt 1/1 For how much would you offer your online business, assuming the performance targets are met? You sold your online business to Google. Google agreed to pay you $70,000 now, $30,000 per year for the next 9 years and $100,000 in 10 years if the business meets certain performance targets. If you invested the money, you would earn a return of 7%. Part 1 Attempt 1/1 For how much would you offer your online business, assuming the performance targets are met
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!