Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 13 Jul 2017 My Price 3.00

mining of mineral deposits

Income from the mining of mineral deposits usually decreases as the resource becomes more difficult to extract. Determine the future worth in year 10 of a mineral lease that yielded income of $14,000 in years 1 through 4 and then amounts that decreased by 5% per year through year 10. Use an interest rate of 18% per year. Show ( a ) hand and ( b ) spreadsheet solutions.

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Maurice Tutor
(5)
Status NEW Posted 13 Jul 2017 09:07 PM My Price 3.00

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