Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 237 Weeks Ago, 1 Day Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Value of a taxi license
Total costs of operation are $40,000 per year plus costs of license
total revenue is $60,000 per year
(20,000 per year implicit cost of license ownership)
Find the amount you would pay today to recieve $20000 per year forever when the interest rate is 6%
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