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cloveb cloveb
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Posts: 782
7 years ago
An engineer deposits $8000 in year 1, $8500 in year 2, and amounts increasing by $500 per year through year 10. At an interest rate of 10% per year, the present worth in year 0 is closest to

A. $60,600
B. $98,300
C. $157,200
D. $173,400

PCS 125   Physics: Waves and Fields (2009 Test)
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bolbolbolbol
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7 years ago
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