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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Related Book For
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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