The receipts for zxy are estimated to be 5000 in the first


The receipts for ZXY are estimated to be $5,000 in the first year, $4,000 in the second, and $2,000 in the third. Using an interest rate of 6%, what is the present value of these expected receipts? The second option is to invest and receive $3,500 a year. Which choice is more profitable?

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Operation Management: The receipts for zxy are estimated to be 5000 in the first
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