Determine the difference in annual worth between an investment of $100,000 per year for 50 years and

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Determine the difference in annual worth between an investment of $100,000 per year for 50 years and an investment of $100,000 per year forever at an interest rate of

(a) 5%

(b) 10% per year. Compare the two differences.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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