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Business, 12.02.2020 02:17 dollar6219

CII, Inc., invests $680,000 in a project expected to earn a 12% annual rate of return. The earnings will be re-invested in the project each year until the entire investment is liquidated 15 years later. What will the cash proceeds be when the project is liquidated?

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CII, Inc., invests $680,000 in a project expected to earn a 12% annual rate of return. The earnings...
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