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I need help with this Question 10 (10 points) The initial cost of a project is $40,000. The operating costs of this investment in year

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I need help with this

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Question 10 (10 points) The initial cost of a project is $40,000. The operating costs of this investment in year 1 is $2,000 which increases by 5% each year thereafter. Given the interest rate, 6%, determine the year in which the geometric increase ends. 0 a) Between 10 and 13 years 0 b) Between 13 and 16 years 0 c) None of the answers is correct 0 d) Between 22 and 25 years 0 e) Between 25 and 28 years

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