The amount of money that Diamond Systems can spend now for improving productivity in lieu of spending

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The amount of money that Diamond Systems can spend now for improving productivity in lieu of spending $30,000 three years from now at an interest rate of 12% per year is closest to:
(a) $15,700
(b) $17,800
(c) $19,300
(d) $21,350

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Engineering economy

ISBN: 978-0073376301

7th Edition

Authors: Leland Blank, Anthony Tarquin

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