The maintenance cost for an investment is 2000 per year for, Ask an Expert

Economics

The maintenance cost for an investment is $2000 per year for the first 10 years and $1000 per year thereafter. The investment has infinite life. With a 10% interest rate, the present worth of the annual disbursement is most nearly (A) $10,000 (B) $16,000 (C) $20,000 (D) $24,000

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91951308

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