What is the present worth of the building plan

Reference no: EM13189696

A plan to build a new tower would involve a building tax that would collect $6,745 each year for all people in a certain city. If the cash flow begins 2 years from now, what is the present worth of the building plan over a 10 year planning period at an interest rate of 6% per year?

Reference no: EM13189696

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