ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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On December 31, 2021, Annie bought a fitness center with exercise equipment and a building worth $400,000. During 2022, she bought some new equipment for $200,000. At the end of 2022, her equipment and building were valued at $590,000. What was Annie's gross investment during 2022?
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