Solution-Calculate selling price for an interest rate

Calculate selling price for an interest rate

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Reference no: EM133128711

Ruby's business has been growing quickly over the past few years, with sales increasing at about 50 percent per year. She has been approached by a buyer for the business. She has decided she will sell it for half of the value of the estimated sales for the next five years. This year she will sell products worth $1,456,988. Use the geometric gradient factor to calculate her selling price for an interest rate of 5 percent.

Reference no: EM133128711

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Calculate selling price for an interest rate

Reference no: EM133128711

Reference no: EM133128711

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