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The cash flow associated with a particular project is expected to be$2,500 in year 1 and $2,800 in year 2 and amounts increasing by
The cash flow associated with a particular project is expected to be$2,500 in year 1 and $2,800 in year 2 and amounts increasing by $300 per year through its 15 year life.. How great an initial investment will be required if the interest is $12% per year?
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Step: 3
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