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Jmini Jmini
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6 years ago
A small hamburger stand has seating for 12 people. They are considering adding seating for 6 or 12 more people. Profit is currently 28,800 per year. The owner thinks the profit would be 46,080 if 6 additional seats and 63,360 if 12 more seats are added. What is the present value of each option, assuming a 15 discount rate for the next year?
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nopronopro
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6 years ago
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4 years ago
great!
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