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    Engineering
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    Engineering Economy
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    Exam 4: The Time Value of Money
  5. Question
    How Much Would a Company Have to Invest Now in Order
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How Much Would a Company Have to Invest Now in Order

Question 1

Question 1

Short Answer

How much would a company have to invest now in order to sufficiently provide for annual payments of $313,000 over a 8- year period? Assume the interest rate is 12% per year.

Correct Answer:

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