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7. A ten-year investment project requires an initial investment of $100,000 at inception and maintenance expenses at the beginning of each year. The maintenance expense
7. A ten-year investment project requires an initial investment of $100,000 at inception and maintenance expenses at the beginning of each year. The maintenance expense for the first year is $3000, and is anticipated to increase 6% each year thereafter. Projected annual returns from the project are $30,000 at the end of the first year decreasing 4% per year thereafter. Find Ro to the nearest dollar
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