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what is the present worth of the annual disbursements? The answer is $16,144.60. How do we get this?

17 / 01 / 2019 Research Papers

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The maintenance cost for an investment is $2,000 per year for the first 10 years and $1,000 per year 1 answer below » The maintenance cost for an investment is $2,000 per year for the first 10 years and $1,000 per year thereafter. The investment has infinite life. With a 10% interest rate, what is the present worth of the annual disbursements? The answer is $16,144.60. How do we get this? Additional Requirements Level of Detail: Show all work Jul 28 2015 10:09 AM


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