Pearson eText for Engineering Economy -- Instant Access (Pearson+)
Pearson eText for Engineering Economy -- Instant Access (Pearson+)
17th Edition
ISBN: 9780137533138
Author: William Sullivan, Elin Wicks
Publisher: PEARSON+
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Chapter 8, Problem 26P

(a):

To determine

Calculate the future value.

(b):

To determine

Minimizing the compound rate.

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