Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin

تمرين 23

Environmental recovery company RexChem Partners plans to finance a site reclamation project that will require a 4-year cleanup period. The company plans to borrow $3.6 million now. How much will the company have to get in a lump-sum payment when the project is over in order to earn 24% per year, compounded quarterly, on its investment