Business, 10.10.2019 02:30 brockandersin

Meadow brook manor would like to buy some additional land and build a new assisted living center. the anticipated total cost is $68,855,004. the ceo of the firm is quite conservative and will only do this when the company has sufficient funds to pay cash for 40% of the entire construction project. management has committed to save $2,300,000 per semiannual period. the firm earns 11.26% apr per year on the funds it saves. how many years does the company have to wait before expanding its operations? group of answer choices

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Meadow brook manor would like to buy some additional land and build a new assisted living center. th...