How much must be deposited into a project account today if the project costs for each of

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How much must be deposited into a project account today if the project costs for each of the first 5 years is $12,000 and this amount increases by 10% per year for the following 10 years if the account pays 2.5% per year, compounded yearly?

Posted Date: May 02, 2024 03:23 AM

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