A company that manufactures purgable hydrogen sulfide


A company that manufactures purgable hydrogen sulfide monitors is planning to make deposits such that each one is 5% smaller than the preceding one. How large must the first deposit be (at the end of year 1) if the deposits extend through year 10 and the fourth deposit is $1250? Use an interest rate of 10% per year.

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Microeconomics: A company that manufactures purgable hydrogen sulfide
Reference No:- TGS01351337

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