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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Related Book For
Engineering Economy
ISBN: 9780134870069
17th Edition
Authors: William Sullivan, Elin Wicks, C Koelling
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