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[Solved]: 20- EcoEnergy Solutions is implementing a new sola
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(Solved): 20- EcoEnergy Solutions is implementing a new solar farm project. The company plans to: Invest $5,00 ...


20- EcoEnergy Solutions is implementing a new solar farm project. The company plans to: Invest

$5,000

per year for the first 6 years, starting at the end of year 1. Allow the funds to grow (no new investments or withdrawals) for 5 additional years (years 7-11). Withdraw

$10,000

in year 12 , then reduce the withdrawal amount by

15%

per year for the next 4 years (years 13-16). The annual interest rate is

9%

. temel formül ile çöz What is the future worth of the investment at the end of year 11 ?

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