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Accounting
QID: #38316
Subject: Accounting
Status: Verified Solution Available
Your company will generate $72,000 in annual revenue each year for the next eight years from a new information database. If the appropriate interest rate is 8.25 percent, what is the present value of the savings? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 42.18)) Calculate the Present value in $.
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