4-29 What amount will be required to purchase, on an engineers's 40th birthday, an annuity to provide
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4-29 What amount will be required to purchase, on an engineers's 40th birthday, an annuity to provide him with 30 equal semiannual payments of $1000 each, the first to be received on his 50th birthday, if nominal interest is 4% compounded semiannually?
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Related Book For 
Engineering Economic Analysis
ISBN: 9780357419687
11th Edition
Authors: Donald Newnan, Ted Eschenbach, Jerome Lavelle
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