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Business, 11.02.2020 03:52 greend0719

An R&D lab will receive $250,000 when a proposed contract is signed, a $200,000 progress payment at the end of Year 1, and $400,000 when the work is completed at the end of Year 2. What is the present worth of the contract at 15%?

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An R&D lab will receive $250,000 when a proposed contract is signed, a $200,000 progress payment...

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