Question

Last year, a barber shop generated $100,000 in profit. Assume that the shop's profits grow at 5% per year and that cash flows are discounted at 10% per year. If profits are received at the end of each year, what is the present value of all the shop's future profits?

Answer 1

u r answer is ²0 %€........

Answer 2

Explanation:

Here is your answer....

Answer is ²0 %€........