Question: don't use excel, use eng. economics textbook rules, solve theoretically Problem 12: Eng. Ahmed would like to start saving money for his retirement. If he

don't use excel, use eng. economics textbook rules, solve theoretically Problem 12:

don't use excel, use eng. economics textbook rules, solve theoretically

Problem 12: Eng. Ahmed would like to start saving money for his retirement. If he invests $10,000 at the end of year 1 but decreases the amount invested by 5% each year, how much will the amount be available 10 years from now at an earning rate of 8% per year? ( 30p)

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