What is the equivalent AW of a -year contract that pays $ at the beginning of the first month and increases by $ for each month thereafter? MARR% compounded monthly.

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What is the equivalent AW of a -year contract that pays $ at the beginning of the first month and increases by $ for each month thereafter? MARR% compounded monthly.

What is the equivalent AW of a t-year contract that pays $ at the beginning of the first month and increases by $ for each month thereafter? MARR=% compounded monthly.

The AW is closest to:

a) $117,242

b) $117,552

c) $55,842

d) $64,459

e) $152,321

economics

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