Prepare a request for funding from an external vendor to cover the cost of the health information management annual meeting and health information management outreach efforts
Shawn Paschal has been working on an advanced technology for use in the green fuel production at King Fisher Aviation. He is almost finished with the technology and anticipates the first cash flow from the technology to be $200,000 received 2 years from today. Subsequent annual cash flows will grow at 4.5 percent in perpetuity.
What is the present value of the technology if the discount rate is 12 percent?