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Answer to Question #35864 in Macroeconomics for lasisi

Question #35864
An entrepreneur wanting to buy the machine and use it for three years , is intended to receive the income of 2 million dollars. , And this income is distributed as follows : in the first year - 400 thousand dollars. , The second - 1 million dollars. , in the third - 600 thousand dollars. It is known that the interest rate is 8 %. What will be the purchase price of the machine ?
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Expert's answer
2013-10-09T14:29:07-0400
The answer to the question is available in the PDF file https://assignmentexpert.com/homework-answers/economics-answer-35864.pdf

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