ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Chapter 6, Problem 12P
To determine

Equivalent uniform annual benefits over 6 years which are considered as equivalent to the two receipts.

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Suppose you invested a hundred thousand pesos in an account now. After eight years, you withdrew the principal. The remaining amount is then left for another eight years. If the interest is 5% semi-annually, what will be the withdrawable amount at the end of thesixteenth year?
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