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    Engineering Economy
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    Exam 8: Price Changes and Exchange Rates
  5. Question
    How Much Would Equipment Cost 7 Years from Now, If
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How Much Would Equipment Cost 7 Years from Now, If

Question 12

Question 12

Short Answer

How much would equipment cost 7 years from now, if the cost today is $1000 and the deflation rate is 14.75% per year?

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