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book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134105598
book Contemporary Engineering Economics 6th Edition by Chan Park cover

Contemporary Engineering Economics 6th Edition by Chan Park

Edition 6ISBN: 978-0134105598
Exercise 16
Suppose the continuously compounded interest rate this year is 6%, and next year it will be 8%. What is the balance after two years of $1,000 invested today
Explanation
Verified
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Contemporary Engineering Economics 6th Edition by Chan Park
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