What amount of money deposited 50 years ago at 8% interest would provide a perpetual payment of

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What amount of money deposited 50 years ago at 8% interest would provide a perpetual payment of $10,000 a year beginning this year?

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Engineering Economics

ISBN: 9780195168075

9th Edition

Authors: Ted G. Feller

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Question Posted: Mar 03, 2010 10:55 AM

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What amount of money deposited 50 years ago at 8% interest would provide a perpetual payment of

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Engineering Economics

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