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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 78
A sum of $25,000 per year will be received uniformly over a seven-year period beginning two years from today. What is the present value of this deferred-funds flow if interest is compounded continuously at a nominal rate of 9%
Explanation
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It is given $25,000 is received consiste...
Contemporary Engineering Economics 6th Edition by Chan Park
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