Question
How much money could Honda Inc., a motor maker, afford to spend now on new project instead of spending $900,000 eight years from now, if
How much money could Honda Inc., a motor maker, afford to spend now on new project instead of spending $900,000 eight years from now, if the company’s rate of return is 15% compound interest per year?
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Engineering economy
Authors: Leland Blank, Anthony Tarquin
7th Edition
9781259027406, 0073376302, 1259027406, 978-0073376301
