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Home Q & A Board Other Fields Homework Help Business Economics
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cloveb cloveb
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7 years ago
Income from sales of an injector-cleaning gasoline additive has been averaging $100,000 per year. At an interest rate of 18% per year, the future worth of the income in years 1 through 5 is closest to

A. $496,100
B. $652,200
C. $715,420
D. Over $720,000
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bolbolbolbol
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#1
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7 years ago
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