Soil Mediators, Inc., plans to finance a site reclamation project that will require a 4-year cleanup period.

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Soil Mediators, Inc., plans to finance a site reclamation project that will require a 4-year cleanup period. If the company borrows $4.5 million now and wants to earn 16% per year compounded semiannually on its investment, how much will the company have to receive in a lump sum payment when the project is over?

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Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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