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eight ye

eight ye

College Algebra
College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 62SE: Rachael deposits $1500 into a retirement fund each year. The fund earns 8.2% annual interest,...
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Maintenance costs stuff on equipment is 20,000 pesos a year for two years, 40,000 pesos at the end of four years, and 80,000 pesosat the end of eight years compute the semiannual amount that must be set aside for this equipment. Money is worth 10% compounded annually.

Include cashflow if possible

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