At an interest rate of 8% per year, the present worth in year 0 of a lease
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At an interest rate of 8% per year, the present worth in year 0 of a lease that requires a payment of $9,000 now and amounts increasing by 8% per year through year 7 is closest to:
a. $60,533
b. $65,376
c. $72,000
d. $69,328
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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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