A company's current revenue is $62,272 per year. Because new competitors have entered the market, It expects this to decrease by $1,461 per year over the next 9 years. What is the new EUAB if their MARR is 1%?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter4: Time Value Of Money
Section4.2: Future Values
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A company's current revenue is $62,272 per year. Because new competitors have entered the market, It expects this to decrease by $1,461 per year over the next 9 years. What is the new EUAB if their MARR is 1%?

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