Determine the contract present worth

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Question: A wholesale company has signed a contract with a supplier to purchase goods for $2,000,000 annually. The first purchase will be made now to be followed by 10 more. Determine the contract's present worth at a 7% interest rate. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132158805

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