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 $

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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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 $
Transcribed Image Text: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 $
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