How much extra income per year would be needed in years 5


By spending $20,000 now and $30,000 four years from now, a planting company can increase its income in years 5 through 12. At an interest rate of 10% per year, how much extra income per year would be needed in years 5 through 12 to recover an investment?

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Financial Management: How much extra income per year would be needed in years 5
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