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Business, 20.09.2019 01:10 smcardenas02

Suppose a company did $2,000,000 in annual maintenance in 2007 and expects 90% of those to renew for 2008. suppose that product sales for 2007 were $2,000,000 (which included a free year of maintenance) and 70% of those were expected to pay an annual maintenance of 15% of the purchase price in 2008. what will be the annual maintenance collected in 2008?

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Suppose a company did $2,000,000 in annual maintenance in 2007 and expects 90% of those to renew for...
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