Question
1. A person deposits $5000 into an account which pays interest at a rate of 8% per year. The amount in the account after 10
2. A chemical engineer believes that by modifying the structure of a certain water treatment polymer, his company would earn an extra $5000 per year. At an interest rate of 10% per year, how much could the company afford to spend now to just break even over a 5 year project period?
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1 To calculate the amount in the account after 10 years with an 8 interest rate you can use the com...
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Corporate Finance Principles and Practice
Authors: Denzil Watson, Antony Head
7th edition
1292103035, 978-1292103082, 1292103086, 978-1292103037
