Sunland is planning to expand operations into South America in 8 years. the first 3 years, Sunland will spend on feasibility and marketing studies. once those studies are completed, Sunland plans to invest $224500 per year for the remaining five years. What amount will Sunland have at the end of the 8-year period for the expansion assuming a 14% interest

Sep 8, 2023

Sunland is planning to expand operations into South America in 8 years. the first 3 years, Sunland will spend on feasibility and marketing studies. once those studies are completed, Sunland plans to invest $224500 per year for the remaining five years. 

What amount will Sunland have at the end of the 8-year period for the expansion assuming a 14% interest rate?

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Sunland is planning to expand operations into South America in 8 years. the first 3 years, Sunland will spend on feasibility and marketing studies. once those studies are completed, Sunland plans to invest $224500 per year for the remaining five years. What amount will Sunland have at the end of the 8-year period for the expansion assuming a 14% interest
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