Business, 05.03.2020 14:10 davisnaziyahovz5sk
Les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for the next 10 years. use appendix b and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. if mr. moore's opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? (do not round intermediate calculations. round your final answer to 2 decimal places.)
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