Solution-How much deposited into a project account for

How much deposited into a project account for given costs

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Question: How much must be deposited into a project account today if the project costs for each of the first 5 years is $12000 and this amount increases by 10% per year for the following 10 years if the account pays 2.5% per year,compounded yearly?

Reference no: EM131441827

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How much deposited into a project account for given costs : How much must be deposited into a project account today if the project costs for each of the first 5 years is $12000 and this amount increases by 10% per year for the following 10 years if the account pays 2.5% per year,compounded yearly?

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How much deposited into a project account for given costs

Reference no: EM131441827

Reference no: EM131441827

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