3-29 What sum of money now is equivalent to $8250 two years later, if interest is 4%...

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3-29 What sum of money now is equivalent to $8250 two years later, if interest is 4% per 6-month period? (Answer: $7052)

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Engineering Economic Analysis

ISBN: 9780357419687

11th Edition

Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle

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Question Posted: Oct 26, 2024 07:01 AM

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3-29 What sum of money now is equivalent to $8250 two years later, if interest is 4% per 6-month period? (Answer: $7052)
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3-29 What sum of money now is equivalent to $8250 two years later, if interest is 4%...

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Engineering Economic Analysis

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