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Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598Contemporary Engineering Economics 6th Edition by Chan Park
Edition 6ISBN: 978-0134105598 Exercise 28
What is the present worth of these future payments
(a) $25,500 eight years from now at 12% compounded annually.
(b) $58,000 twelve years from now at 4% compounded annually.
(c) $25,000 nine years from now at 6% compounded annually.
(d) $35,000 four years from now at 9% compounded annually.
(a) $25,500 eight years from now at 12% compounded annually.
(b) $58,000 twelve years from now at 4% compounded annually.
(c) $25,000 nine years from now at 6% compounded annually.
(d) $35,000 four years from now at 9% compounded annually.
Explanation
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Present worth or Present value is the pr...
Contemporary Engineering Economics 6th Edition by Chan Park
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