Malloy inc has completed research on a method to improve, Microeconomics

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Malloy inc has completed research on a method to improve

Question: Malloy Inc. has completed research on a method to improve integrated circuit fabrication technology. A study of this technology suggests that it will save $50,000 at the end of the third year. If the interest rate is 20%, what is the present equivalent value of this savings?

- $28.935

- $21,980

- $26,980

- $30,880

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Microeconomics: Malloy inc has completed research on a method to improve

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