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I am looking for how the following exercise is solved: An investment of $10000 can be made in proyect that will produce 5 uniform annual
I am looking for how the following exercise is solved:
An investment of $10000 can be made in proyect that will produce 5 uniform annual revenues and a market value (salvage) value os $2000. The company is willing to acept any project that will earn 10% per year or more on all the investment capital. Compute the annuity that will make this investment worthwile.
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