Basics Of Engineering Economy
Basics Of Engineering Economy
2nd Edition
ISBN: 9780073376356
Author: Leland Blank, Anthony Tarquin
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 1, Problem 37P
To determine

The amount that can be borrowed today if the amount of $20,000 is promised to be repaid at a compound interest rate of 20% per year.

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Basics Of Engineering Economy

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