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What would an endless to one starbucks coffee per day

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Reference no: EM132493090

Question 1: A tall Starbucks coffee costs $1.85 in 2017. If the bank's quoted interest rate is 6% per annum, compounded daily, and if the Starbucks price never changed, what would an endless, inheritable free subscription to one Starbucks coffee per day be worth today?

Reference no: EM132493090

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