Dakota Hi-C Steel signed a contract that willgenerate
Chapter 3, Problem 3.48(choose chapter or problem)
Dakota Hi-C Steel signed a contract that willgenerate revenue of $210,000 now, $226,800 inyear 1, and amounts increasing by 8% per yearthrough year 5. Calculate the future worth of thecontract at an interest rate of 8% per year. Also,develop the FV function that will correctly determineF for revenues placed in cells B2through B7.
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