Decision makers who do not understand time value of money

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1. As a manager proposing a project (e.g. new product, expansion of existing business activity, exit from a current location), how would you address decision makers who do not understand time value of money?

2. A company has a fleet of 450 vehicles. On average, 200 vehicles per year experience property damage. What is the probability that any vehicle will be damaged in any given year? Show all work.

Reference no: EM131822217

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