rggybe8548 rggybe8548
  • 21-02-2024
  • Mathematics
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Sonia is considering purchasing a project that will generate $120,000 per year for the first 5 years, and $130,000 per year for the following 5 years. She will only invest if she can earn at least a 15% annualized return on any project. What is the maximum price she should be willing to pay to acquire this project?

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