Question: N C. [5 pts] Apply the formula Park _ a - ar +1 to the summation in your explicit formula from Part B. Then, 1-r

N C. [5 pts] Apply the formula Park _ a -

N C. [5 pts] Apply the formula Park _ a - ar +1 to the summation in your explicit formula from Part B. Then, 1-r K=0 do some algebra to show that An = 20000 - 8000(1.015)" 3

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