ray1840
ray1840
09.02.2021 • 
Business

A wind turbine engineering firm has both the experience and an undeveloped plan for a new and more efficient design. A manufacturer has offered to pay the firm $13,000,000 for a working prototype, with complete documentation, 3 years from today. The turbine design firm wants to earn 17% per year on its money. How much can the turbine design firm afford to invest, expressed as if its entire investment were to take place today

Solved
Show answers

Ask an AI advisor a question