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Business, 09.02.2021 01:40 ayoismeisjjjjuan
Determine the difference in the present worth values of the following two commodity contracts at an interest rate of 8% per year. a. Contract 1 has a cost of $10,000 in year 1; costs will escalate at a rate of 4% per year for 10 years. b. Contract 2 has the same cost in year 1, but costs will escalate at 6% per years for 11 years
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Determine the difference in the present worth values of the following two commodity contracts at an...
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