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Accounting

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Autumn Music is considering investing $675,000 in private lesson studios thet Assume that Anamn Music uses a 12% rurde rate what is he approximate roermal fate af return ill have no residual value. The studios are expected to result in annual net cash inflows of $95,000 per year for the next ten years RR) of the studio invesment (Click the loon to view the present value of an (Click the loon to view the future value of an annuity table annuity table) (Cick the lcon to view tho prosent vasue tablie) Cick the ioon to view the Iufure valua tabie) The internal rate of return ORR) is between 18% and 10% 4% and 5% 6% and 8% 8% and 10% 5%and 6%

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