Answered

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bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years.

Sagot :

rafikiedu18

Bubba inc. would like to have an investment that would provide cash flows of $70217 per year for the next 10 years:$154,553.30(Approx).

Solution:-

Present value=$23033*Present value of annuity factor(8%,10)

=$23033*6.710081399

which is equal to

=$154,553.30(Approx)

Funding is an asset or object obtained with the purpose of generating earnings or appreciation. investment refers to a boom in the fee of an asset over the years. whilst a person buys an awesome as an investment, the intent isn't to devour the good but rather to use it in the destiny to create wealth.

Learn more about investment here:

https://brainly.in/question/49613417

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