If you invest ($2),000 today, withdraw ($1),000 in 3 years, deposit ($3),000 in 5 years, deposit ($1),500

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If you invest $$2$,000 today, withdraw $$1$,000 in 3 years, deposit $$3$,000 in 5 years, deposit $$1$,500 in 8 years, and withdraw the entire sum 3 years after the final deposit, how much will you withdraw? Interest is 7 percent per year.

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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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Question Posted: Mar 26, 2024 01:01 AM

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If you invest ($2),000 today, withdraw ($1),000 in 3 years, deposit ($3),000 in 5 years, deposit ($1),500

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To calculate the future value of the investments and withdrawals considering 7 annual interest we wi...View the full answer

Principles Of Engineering Economic Analysis

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