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What is the equivalent AW of a three-year contract that pays $6,000 at the beginning of the first month and increases by

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What is the equivalent AW of a three-year contract that pays $6,000 at the beginning of the first month and increases by

Posted: Fri Jul 01, 2022 8:12 am
by answerhappygod
What Is The Equivalent Aw Of A Three Year Contract That Pays 6 000 At The Beginning Of The First Month And Increases By 1
What Is The Equivalent Aw Of A Three Year Contract That Pays 6 000 At The Beginning Of The First Month And Increases By 1 (18.24 KiB) Viewed 22 times
What is the equivalent AW of a three-year contract that pays $6,000 at the beginning of the first month and increases by $500 for each month thereafter? MARR = 6% compounded monthly. The AW is closest to: A. $105,141. B. $178,969. OC. $178,632. D. $80,561. E. $211,275.
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