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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 52
Income from recycling paper and cardboard at the U.S. Army's Fort Benning Maneuver Center has averaged $3000 per month for 2½ years. What is the future worth of the income (after the 2½ years) at an interest rate of 6% per year, compounded quarterly Assume there is no interperiod compounding.
Explanation
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Given information:
• Average income is ...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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