You rent an apartment for ($550) per month, payable at the beginning of the month. An initial

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You rent an apartment for \($550\) per month, payable at the beginning of the month. An initial deposit of \($450\) is required. Utilities are an additional \($150\) per month payable at the end of the month. The deposit is refundable at the time you move out, assuming a clean apartment in good condition. Draw a monthly cash flow diagram, assuming you keep the apartment for 12 full months.

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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