ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Income from recycling the paper and cardboard generated in an office building has averaged $3500 per month for the past 5 years. What is the income stream’s future worth at an interest rate of 10% per year, compounded semi-annually?
a)The income stream’s future worth is $
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