You figure that the total cost of college will be $ 104,000 per year 18 years from
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You figure that the total cost of college will be $ 104,000 per year 18 years from today. If your discount rate is 10% compounded annually, what is the present value today of four years of college costs starting 18 years from today?
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Vector Mechanics for Engineers Statics and Dynamics
ISBN: 978-0073212227
8th Edition
Authors: Ferdinand Beer, E. Russell Johnston, Jr., Elliot Eisenberg, William Clausen, David Mazurek, Phillip Cornwell
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