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A wholesale company has signed a contract with a supplier to purchase goods for $2,000,000 annually. The first purchase will be made now to be followed by 10 more. Determine the contract's present worth at a 7% interest rate. Contributed by Hamed Kashani, Saeid Sadri, and Baabak Ashuri, Georgia Institute of Technology

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92635651

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