If you invest $5,123 in a long-term venture, you will receive $1,110 per year forever. Assuming your

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If you invest $5,123 in a long-term venture, you will receive $1,110 per year forever. Assuming your interest rate is 10% per year, what is the capitalized worth of your investment? Choose the most closest answer below.

(a) $4,327

(b) $5,977

(d) $6,103

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: Dec 03, 2018 12:37 PM

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If you invest $5,123 in a long-term venture, you will receive $1,110 per year forever. Assuming your

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Engineering Economy

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