Grainger specializes in products that are used to maintain, repair, and operate facilities (MRO products). Grainger takes title
1 answer:
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Answer:
so value of the mistake is $311685.71
Explanation:
given data
present value = $1,200,000
time = 6 year
discount rate = 18%
discount rate = 8%
to find out
What is the dollar value of the mistake
solution
we get here present value that is express as for both rate that is
present value =
put here value
present value =
present value 1 = $444517.85
and
present value =
present value 2 = $756203.55
so
difference is $756203.55 - $444517.85
difference is = $311685.71
so value of the mistake is $311685.71