Home Automation is considering an investment of$500,000 in
Chapter 18, Problem 18.3(choose chapter or problem)
Home Automation is considering an investment of$500,000 in a new product line. The company willmake the investment only if it will result in a rateof return of 15% per year or higher. The revenue isexpected to be between $138,000 and $165,000per year for 5 years. (a) Determine if the decisionto invest is sensitive to the projected range of incomeusing a PW analysis. (b) Use a spreadsheetto determine the annual revenue required to realize15% per year.
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