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Question 4 Not yet answered Marked out of 2.00 P Flag question The annual operating and maintenance (O&M) expenses of a company are $195,000 at
Question 4 Not yet answered Marked out of 2.00 P Flag question The annual operating and maintenance (O&M) expenses of a company are $195,000 at EOY 1 decreasing by $8,500 per year until EOY 10. If the annual interest rate is 9.75%, what is the future equivalent of the O&M expenses at EOY 10? Select one: O a. $3,457,642 O b. $1,013,536 O c. $3,571,861 O d. $2,683,930 O e. $2,569,711
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Finance For Non Financial Managers
Authors: Gene Siciliano
1st Edition
0071413774, 978-0071413770
