Your business is expected to generate a 40000 profit at the, Business Economics

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Your business is expected to generate a 40000 profit at the

Your business is expected to generate a $40,000 profit at the end of year 1, and profit will increase by 10% per year through year 10. If you can earn 5% annual interest compounded annually, what is the present value of all your profits over the next 10 years?

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Business Economics: Your business is expected to generate a 40000 profit at the

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