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  • 29-05-2024
  • Business
Answered

INDE232 Company expects to spend $800 per year for maintenance. Calculate the total equivalent future amount of the company's expenses at the end of 8 years. Interest rate is 16% per year
a. 3750.50
b. 11392.07
c. 15000
d. 5260.80
e. 9364.19

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