6. 10.48 Construction equipment has a cost today of $40,000. If its cost has increased only by...

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6. 10.48 Construction equipment has a cost today of $40,000. If its cost has increased only by the inflation rate of 6% per year when the market interest rate was 10% per year, its cost 10 years ago was closest to: 1. $15,420 2. $22,300 3. $27,405 4. $71,630

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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