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lord [1]
3 years ago
13

A major drug company anticipates that in future years it could be involved in PROBLEMS 85 litigation regarding perceived side ef

fects of one of its antidepressant drugs. To prepare a "war chest," the company wants to have money available 6 years from now that has a present worth today of $50 million. The company expects to set aside $6 million the first year and uniformly increasing amounts in each of the next 5 years. If the company can earn 12% per year on the money it sets aside, by how much must it increase the amount set aside each year to achieve its goal?
Business
1 answer:
xxMikexx [17]3 years ago
8 0

Answer:

out of measurement, and phrase thank goodness. uses a Kruger park in our channel, but it a round to the only one who is this video. uses of using it for changing my have translate into your own hands on the

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3 years ago
. A business cycle is the a. period of time in which expansion and contraction of economic activity are equal. b. period of time
Mama L [17]

Answer:

c. recurring growth and decline in real GDP.

Explanation:

A business cycle is also called a economic cycle or trade cycle, and it is the fluctuation of GDP up and down along its long term growth trend. A business cycle consists of a period of boom and contraction in sequence.

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An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the
Mazyrski [523]

Based on the sales revenue that the ice cream manufacturer got and the cost of goods sold, the total gross profit on ice cream sales is $300,000.

<h3>How is the total gross profit calculated?</h3>

This can be found as:

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Find out more on gross profit at brainly.com/question/942181.

#SPJ1

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