Thermal Systems, a company that specializes in odor control for wastewater treatment plants, made deposits of $100,000 now and $25,000 every 6 months for two years. Determine the future worth after 2 years of the deposits for i-16% per year, compounded bi- monthly (compounded once in two months). The future worth after 2 years of the deposits for / -16% per year, compounded bi-monthly (compounded once in two months) is $
Thermal Systems, a company that specializes in odor control for wastewater treatment plants, made deposits of $100,000 now and $25,000 every 6 months for two years. Determine the future worth after 2 years of the deposits for i-16% per year, compounded bi- monthly (compounded once in two months). The future worth after 2 years of the deposits for / -16% per year, compounded bi-monthly (compounded once in two months) is $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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