Because of a chronic water shortage in California,new
Chapter 4, Problem 4.55(choose chapter or problem)
Because of a chronic water shortage in California,new athletic fields must use artificial turf or xeriscapelandscaping. If the value of the water savedeach month is $6000, how much can a private developerafford to spend now on artificial turf providedhe must recover his investment in 5years.Use an interest rate of 18% per year, compoundedcontinuously? Write the spreadsheet function todisplay the answer.
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