Solved: Determine the investments pw if interest is twelve percent, Microeconomics

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Determine the investments pw if interest is twelve percent

Problem

We-Clean-U will receive $32,000 each year for 15 years from the sale of its newest soap, Rub-A-Dub Dub. The initial investment is $150,000. Manufacturing and selling the soap will cost $7350 per year. Determine the investment's PW if interest is 12%.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Determine the investments pw if interest is twelve percent

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