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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
Posted: Mon May 02, 2022 7:55 am
by answerhappygod
- 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 1 (27.47 KiB) Viewed 38 times
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?