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A woman borrowed $2000 and agreed to repay it atthe end of

Engineering Economic Analysis | 12th Edition | ISBN: 9780199339273 | Authors: Donald G. Newnan; Jerome P. Lavelle; Ted G. Eschenbach ISBN: 9780199339273 93

Solution for problem 3-2 Chapter 3

Engineering Economic Analysis | 12th Edition

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Engineering Economic Analysis | 12th Edition | ISBN: 9780199339273 | Authors: Donald G. Newnan; Jerome P. Lavelle; Ted G. Eschenbach

Engineering Economic Analysis | 12th Edition

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Problem 3-2

A woman borrowed $2000 and agreed to repay it atthe end of 3 years, together with 10% simple interestper year. How much will she pay 3 years hence?

Step-by-Step Solution:
Step 1 of 3
Step 2 of 3

Chapter 3, Problem 3-2 is Solved
Step 3 of 3

Textbook: Engineering Economic Analysis
Edition: 12
Author: Donald G. Newnan; Jerome P. Lavelle; Ted G. Eschenbach
ISBN: 9780199339273

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A woman borrowed $2000 and agreed to repay it atthe end of

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