Question

Northern Construction and Engineering plans on opening an office in Duluth. Over the next 25 years, the office is expected to have a positive cash flow of $250,000 per year. In year 25; the office can be sold for $1M. At an interest rate of 12%, what is the equivalent present worth?

Answer 1

Answer:

i will try my best to do this problem maths

but didn't get it

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