Present cost that they can spend now in developing product

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Nopain Nogain exercise equipment manufacturers expect to generate $3,000,000 profit per year for 5 years on their new Elliptical Treadmill. What is the present cost that they can spend now in developing the product, to meet the company's MARR of 13% per year?

Reference no: EM13899072

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Present cost that they can spend now in developing product : Nopain Nogain exercise equipment manufacturers expect to generate $3,000,000 profit per year for 5 years on their new Elliptical Treadmill. What is the present cost that they can spend now in developing the product, to meet the company's MARR of 13% ..

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