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Mathematics, 05.07.2019 02:10 megan9246

Suppose a company did $3,000,000 in annual maintenance in 2013 and expects 85% of those to renew for 2014. suppose that product sales for 2013 were $3,000,000 (which included free maintenance in 2013) and 60% of those were expected to pay an annual maintenance of 20% of the purchase price in 2014. what will be the annual maintenance collected in 2014?

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Suppose a company did $3,000,000 in annual maintenance in 2013 and expects 85% of those to renew for...
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