
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 62
A solid waste disposal company borrowed money at 10% per year interest to purchase new haulers and other equipment needed at the company owned land fill site. If the company got the loan 2 years ago and paid it off with a single payment of $4,600,000, what was the principal amount P of the loan
Explanation
The formula for calculating the future w...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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