Eight energy corporations made plans to increase their combined spending on efficiency programs to $50 million per year for the next 8 years as a response to global warming initiatives set by the government. What is the future worth of total investments at the end of 8 years at an interest rate of 8% per year?

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The Answer of Eight energy corporations made plans to increase their combined spending on efficiency programs to $50 million per year for the next 8 years as a response to global warming initiatives set by the government. What is the future worth of total investments at the end of 8 years at an interest rate of 8% per year?

Eight Energy Corporations Made Plans to Increase Their Combined Spending