Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 15 Jul 2017 My Price 3.00

The Moller Skycar

The Moller Skycar M400 is a fl ying car known as a personal air vehicle (PAV) that is expectedto be FAA-certifi ed by December 31, 2011. The cost is $985,000, and a $100,000 deposit will hold one of the first 100 “cars.” Assume a buyer pays the $885,000 balance 3 years after making the $100,000 deposit. At an interest rate of 10% per year, what is the effective total cost of the PAV in year 3?

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Jul 2017 08:07 PM My Price 3.00

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