Business, 12.08.2020 06:01, aleexandras09

A security company offers to provide CCTV coverage for a parking garage for ten years for an initial payment of $45,000 and additional payments of $25,000 per year. What is the equivalent annual annuity of this deal, given a cost of capital of 4%?

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A security company offers to provide CCTV coverage for a parking garage for ten years for an initial...