8. 2.117 An enthusiastic new engineering graduate plans to start a consulting firm by borrowing $100,000 at

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8. 2.117 An enthusiastic new engineering graduate plans to start a consulting firm by borrowing $100,000 at 10% per year interest. The loan payment each year to pay off the loan in 7 years is closest to:

1. $18,745 2. $20,540 3. $22,960 4. $23,450

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Basics Of Engineering Economy

ISBN: 9781259683312

3rd Edition

Authors: Leland T. Blank, Anthony Tarquin

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Question Posted: Oct 25, 2024 02:00 PM

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8. 2.117 An enthusiastic new engineering graduate plans to start a consulting firm by borrowing $100,000 at

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Basics Of Engineering Economy

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