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SAP Inc.received a $1.5 million grant under its Small Business Innovation program.SAP invested the grant money and developed a system to remove metal contaminants from storm water in shipyards.The firm estimates that each shipyard spends $400,000 a year on storm water clean-up efforts.If SAP is able to sign up and retain four shipyards in the first year onwards,what is the present value (PV) of the project (net of investment) if the cost of capital for SAP is 16% per year? Assume a cost of operations and other costs for SAP equal 60% of revenue.
For Each
A loop construct used to iterate over elements in a collection or array, typically without needing to use indices.
Array Length
The number of elements an array can hold, often accessed with a property or method depending on the programming language, such as length in Java.
Numbers.length
In programming, this typically refers to a property that provides the number of elements or length of an array named "Numbers."
Variables Value
A variable's value is the specific data or information that the variable holds in memory at any given time during a program's execution.
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