Because the time span that you are paying off increases. As does the interest.
Answer:
Explanation:A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At
what rate would you be indifferent between accepting the project and rejecting it?
Profit is the net income of the business. It means after all the expenses you paid you, get your profit. On the other hand, revenue just means the total amount of money you earned. It basically means the amount of money you earned before paying your expesnses.
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