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An initial investment of P20,000,000 was put up for a new business that will produce an annual revenue of P12, 000,000 for 15 years and will have a salvage value of P2, 000,000 Annual expenses for its operation and maintenance will amount to P6, 000, 000If money is worth 12%, show by computation if this business is profitable or not using ROR Method

  • 2461%
  • 2411% Correct
  • 2461%
  • 2461%
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