Question: Please show how to solve it in excel too. years? 3.21 Golden Aerospace Company has budgeted $500,000 per year for expansion over the next 10
Please show how to solve it in excel too.
years? 3.21 Golden Aerospace Company has budgeted $500,000 per year for expansion over the next 10 years. Golden earns 8 percent return on its investment and spent $200,000 at the end of the first year for this expansion. What should be the constant annual increase in spending so that Golden uses its total budgeted amount by the end of 10 years
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