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2. How much initial payment is required to make by a Facility Management firm to receive an additional operating capital of $50,000 at end of

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2. How much initial payment is required to make by a Facility Management firm to receive an additional operating capital of $50,000 at end of year 1,$60,000 at the end of year 2 and the amounts increasing by $10,000 per year thereafter to the end of 10 years, if the investment earns an annual interest of 6% compounded annually

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