23. What will be the amount accumulated by each of the following present investments? a. $3,000 invested

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23. What will be the amount accumulated by each of the following present investments?

a. $3,000 invested for 7 years at 14% compounded annually.

b. $1,600 invested for 17 years at 12% compounded annually.

c. $20,000 invested for 38 years at 16% compounded annually.

d. $3,500 invested for 71 years at 8% compounded annually.

e. $5,000 invested for 34 years at 11.5% compounded annually.

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Fundamentals Of Engineering Economic Analysis

ISBN: 9781118414705

1st Edition

Authors: John A. White, Kellie S. Grasman, Kenneth E. Case, Kim LaScola Needy, David B. Pratt

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Question Posted: Nov 06, 2024 08:01 AM

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23. What will be the amount accumulated by each of the following present investments? a. $3,000 invested

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Fundamentals Of Engineering Economic Analysis

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