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Business, 26.02.2020 18:50 angeladominguezgarci

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