The city of meyers is considering a treatment plant with an, Financial Management

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The city of meyers is considering a treatment plant with an

The City of Meyers is considering a treatment plant with an initial investment of $12 million and a life of 30 years. The city uses a rate of 4% per year compounded yearly. If the plant would be needed indefinitely, what is the total investment that the city should budget for the project?

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Financial Management: The city of meyers is considering a treatment plant with an

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