The investment has infinite life with a 10 interest rate
Question - The maintenance cost for an investment is $2,000 per year for the first 10 years and $1,000 per year thereafter. The investment has infinite life. With a 10% interest rate, what is the present worth of the annual disbursements?
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question - the maintenance cost for an investment is 2000 per year for the first 10 years and 1000 per year thereafter
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