41. 2.42 Acme Bricks, a masonry products company, wants to have $600,000 on hand before it invests...
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41. 2.42 Acme Bricks, a masonry products company, wants to have $600,000 on hand before it invests in new conveyors, trucks, and other equipment. If the company sets aside $80,000 per year in an account that increases in value at a rate of 15% per year, how many years will it be before Acme can purchase the equipment?
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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