5. 3.23 Soil Mediators, Inc., plans to finance a site reclamation project using xeriscape landscaping (meaning no

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5. 3.23 Soil Mediators, Inc., plans to finance a site reclamation project using xeriscape landscaping (meaning no irrigation; only rainfall) that will require a 4-year cleanup and planting period. If the company borrows $4.5 million now and expects a MARR of 16% per year compounded semiannually on its investment, how much will the company have to receive in a lump sum payment when the project is over?

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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