Business, 27.09.2019 01:30 jasjas3722

Last year, a barber shop generated $100,000 in profit. assume that the shop's profits grow at 5% per year and that cash flows are discounted at 10% per year. if profits are received at the end of each year, what is the present value of all the shop's future profits?

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Last year, a barber shop generated $100,000 in profit. assume that the shop's profits grow at 5% per...

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