ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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You pay 10,000$ per year for 10 years. what is the total payment at the end of 10 years with knowing that the interest rate is 5% compounded annually.
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- $145,256
- $140,698
- $125,770
- $120, 698
please provide detailed answer without excel usage
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