The annual expenses of manufacturing and selling the soap, Business Economics

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The annual expenses of manufacturing and selling the soap

The Shout Soap Company's annual revenues will be $320,000 for 15 years from its new soap, Rub-AD ub-Dub. The soap requires an initial investment of $900,000. The annual expenses of manufacturing and selling the soap equal $73,500. Determine the EAW if the interest rate is 15%.

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Business Economics: The annual expenses of manufacturing and selling the soap

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