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Mathematics, 07.03.2021 21:00, bagofmud8339
You run a business and are considering offering a new service. If you offer the new service, you expect it to generate $50,000 in profits each year for your business over the next two years. In order to offer the new service, you will need to take out a loan for new equipment. Assume a 6 percent annual interest rate. your loan must be less than $ in order for future benefits to exceed present costs.
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