11. 2.87 You hope to make two equal-amount deposits for future savings, one now and the other...

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11. 2.87 You hope to make two equal-amount deposits for future savings, one now and the other 3 years from now in order to accumulate $300,000 ten years in the future.

If the interest rate is 14% per year, what is the size of each deposit?

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 25, 2024 02:00 PM

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11. 2.87 You hope to make two equal-amount deposits for future savings, one now and the other...

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Basics Of Engineering Economy

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