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Home Q & A Board Science-Related Homework Help Physics
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cloveb cloveb
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7 years ago
Rubbermaid Plastics Corp. invested $10,000,000 in manufacturing equipment for producing small wastebaskets. If the company uses an interest rate of 15% per year, how much money would it have to earn each year if it wanted to recover its investment in 7 years?

A. $2,403,600
B. $3,530,800
C. $3,941,800
D. Over $4,000,000

PCS 125   Physics: Waves and Fields (2009 Test)
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bolbolbolbol
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3 years ago
Nice
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A year ago
Thanks
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