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Perpetual Equivalent Annual Cost Assignment | Homework For You

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December 9th, 2019

The State of Chiapas, Mexico, decided to fund a program for improving reading skills in elementary school students. The first cost is $300,000 now and an update amount of $150,000 every 7 years forever.

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Homework For You

Determine the perpetual equivalent annual cost at an interest rate of 10% per year.

The perpetual equivalent annual cost is determined to be -$. Get Economics homework help today

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