Business, 17.07.2019 17:30 banna01man
"suppose a company did $3,000,000 in annual maintenance in 2013 and expects 85% of those to renew for 2014. suppose sales for 2013 were $3,000,000 ( which included free maintenance in 2013) and 60% of those were expected to pay an annual maintenance of 20% of the purchase price in 2014. what will be the annual maintenance collected in 2014?
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