According to the government accountability office

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Reference no: EM131514753

According to the Government Accountability Office (GAO), if the U.S.Postal Service does not change its business model, it will lose $48 million next month and $50 million the month after that, and the losses will increase by $2 million per month for the next 10 years. At an interest rate of 6% compounded monthly, what is the equivalent uniform amount per month of the losses through year 10?

Reference no: EM131514753

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