The Border Patrol is considering the purchase of a new helicopter for aerial surveilance of the New
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The Border Patrol is considering the purchase of a new helicopter for aerial surveilance of the New Mexico-Texas border with Mexico. A similar helicopter was purchased 4 years ago at a cost of
$1,400,000. At an interest rate of 7% per year, what would be the equivalent value today of that
$1,400,000 expenditure?
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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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