Bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years:$154,553.30(Approx).
Solution:-
Present value=$23033*Present value of annuity factor(8%,10)
=$23033*6.710081399
which is equal to
=$154,553.30(Approx)
Funding is an asset or object obtained with the purpose of generating earnings or appreciation. investment refers to a boom in the fee of an asset over the years. whilst a person buys an awesome as an investment, the intent isn't to devour the good but rather to use it in the destiny to create wealth.
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