The following series of revenues and expenses in $1000 units were recorded by a mobile phone business.
Question:
(a) Determine the net future worth in year 10.
(b) Did the owners make their expected 10% return? How do you know?
Transcribed Image Text:
Year Revenues, $ Expenses, $ -2500 1-4 700 -200 5-10 2000 -300
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a F 2500FP1010 700 200FA104FP106 ...View the full answer
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