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You have just purchased a new roof for your large condominium hotel. This roof has a 2 0 - year life. In an effort to
You have just purchased a new roof for your large condominium hotel. This roof has a year life. In an effort to plan for the longterm capital expense of replacing the new roof in years, you decided to set aside an equal amount each year. You estimate that you could set aside $ each year. If the amount they set aside each year earns percent, how much money will you have at the end of years rounded up to the nearest thousand dollars
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