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Business, 28.06.2019 02:20 smart1212

An australian-based energy drink manufacturer plans to expand its international markets to the untapped east-asian region. the company expects that the expansion will bring additional net income of $30 million in the first year of the operation and amounts increasing by $4.5 million for the next 8 years. what is the annual equivalent amount of the net income at an interest rate of 13% per year?

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