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Mathematics, 28.05.2021 01:00 Bryoh
ANSWER FAST Sue owns Home Decor, whose value is $200,000 today assuming normal growth. However, Sue believes the value will grow at 15% 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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Sue owns Home Decor, whose value is $200,000 today assuming normal growth. However, Sue...
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