Sandala Company invested ($ 77,500) in a project that is expected to earn a (12 %) rate
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Sandala Company invested \(\$ 77,500\) in a project that is expected to earn a \(12 \%\) rate of return. The earnings will be reinvested in the project each year until the entire investment is liquidated 20 years hence. What will be the cash proceeds when the project is liquidated?
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Talha Talib
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