Q1 (15 points) Mr. Ahmed wishes to open a new flower shop: he paid for the permits and furniture of $7,000 today, and is
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Q1 (15 points) Mr. Ahmed wishes to open a new flower shop: he paid for the permits and furniture of $7,000 today, and is
Q1 (15 points) Mr. Ahmed wishes to open a new flower shop: he paid for the permits and furniture of $7,000 today, and is planning to rent a place for $5,000 per month. After 6 months his in flows will begin at $4,000 per month but will increase by $1,000 each month thereafter Ahmed plans to sell his business when he retire for $3000. The interest rate is 12%. He plans to retire in 2 years a) What is the value of revenue in this case?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!