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Mathematics, 15.03.2022 06:50 genyjoannerubiera

Current sales are $80,000 per year. Advertising expense is $6,500 per year. The owner believes an increase of 10% in advertising over the next 3 years will result in an increase of $8,000 in annual sales. What is the net present value of his decision if he uses 4% as his interest rate?

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