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Mathematics, 25.11.2020 14:00 lreese

6. A farmer sows a certain crop. It costs $240,000 to buy the seed, prepare the ground, and sow the crop. In one year's time it will cost $93,200 to harvest the crop. If the crop will be worth $350,000, and the interest rate is 7%, what is the net present value (NPV) of this investment?

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6. A farmer sows a certain crop. It costs $240,000 to buy the seed, prepare the ground, and sow the...

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