2. 4.55 The present worth of $50,000 now, $10,000 per year in years 1 through 15, and...

Question:

2. 4.55 The present worth of $50,000 now, $10,000 per year in years 1 through 15, and $20,000 per year in years 16 through infinity at 10% per year is closest to:

1.

a. Less than $169,000 2.

b. $169,580 3.

c. $173,940 4.

d. $195,730

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

Question Posted: