A small business with an initial outlay of SR 12,000 yields SR 10,000 during the first year of its operation and the yie

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A small business with an initial outlay of SR 12,000 yields SR 10,000 during the first year of its operation and the yie

Post by answerhappygod »

A small business with an initial outlay of SR 12,000 yields SR
10,000 during the first year of its operation and the yield
increases by SR 1,000 from its second year of operation up to its
10th year of operation. At the end of the life of the business, the
salvage value is zero. Find the present worth of the business by
assuming an interest rate of 18%, compounded annually.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”