67. A corporation makes a payment of $2.25 million at the end of 2017 for services rendered...

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67. A corporation makes a payment of $2.25 million at the end of 2017 for services rendered by a large database company. With an annual interest rate of 15%, what annual payments at the end of years 2017 through 2022 will be equivalent to $2.25 million at the end of 2017? (4.10)

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Engineering Economy

ISBN: 9781292265001

17th Global Edition

Authors: William G. Sullivan ,Elin M. Wicks ,C. Patrick Koelling

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