What single amount at the end of the fifth year is equivalent to a uniform annual series

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What single amount at the end of the fifth year is equivalent to a uniform annual series of $3,000 per year for 10 years if the interest rate is 9% compounded annually?

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Contemporary Engineering Economics

ISBN: 978-0136118480

5th edition

Authors: Chan S. Park

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Question Posted: Apr 21, 2016 06:34 AM

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What single amount at the end of the fifth year is equivalent to a uniform annual series

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Contemporary Engineering Economics

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