If you think a fair return on the well is 7%, how much should you ask for if you decide to sell it?You own an oil well that will pay you $25,000 per year for 8 years, with the first payment being made today.?
If oil just keeps going up, and at the rate of the increases now days!
2.5 million dollars would be a great start!You own an oil well that will pay you $25,000 per year for 8 years, with the first payment being made today.?
$116,400
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