5-78. If you invest $5,123 in a long-term venture, you will receive $1,110 per year forever. Assuming

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5-78. If you invest $5,123 in a long-term venture, you will receive $1,110 per year forever. Assuming your interest rate is 10% per year, what is the capitalized worth of your investment? Choose the most closest answer below. (5.3)

(a) $4,327

(b) $5,977

(c) $5,819

(d) $6,103

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Engineering Economy

ISBN: 9780134870069

17th Edition

Authors: William Sullivan, Elin Wicks, C Koelling

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