Valtro Electronic Systems, Inc. set aside a lump sum investment four years ago in order to finance

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Valtro Electronic Systems, Inc. set aside a lump sum investment four years ago in order to finance a plant expansion now. The money returned 10%

per year simple interest. How much did the company set aside if the investment is now worth

$850,000?

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Related Book For  book-img-for-question

Basics Of Engineering Economy

ISBN: 9780073376356

2nd Edition

Authors: Leland T. Blank, Anthony Tarquin

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