Business, 25.03.2020 05:36 heysorryguys

Anna owns Home Antiques, whose value is $160,000 today assuming normal growth. However, Anna believes the value will grow at 16% per year for the next three years. She wants to take this rapid growth into consideration when valuing the business for a potential sale. Find the future value of the business in three years, then use that future value to find the present value at a rate of 8% compounded annually.

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