A small-scale industry thinks that it will produce 10,000 tons of metal during the coming year. If
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A small-scale industry thinks that it will produce 10,000 tons of metal during the coming year. If the processes are controlled properly, then the metal is going to increase 5\% per year thereafter for the next 6 years. Profit per ton of metal is \(\$ 14\) for years 1-7. If the industry earns \(15 \%\) per year on this capital, what is the future equivalent of the industries cash flows at the end of year (EOY) 7 ?
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Project Management Systems Principles And Applications
ISBN: 272859
2nd Edition
Authors: Adedeji B. Badiru
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