4. Revenue from gas wells that have been in production tends to follow a decreasing...
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4. Revenue from gas wells that have been in production tends to follow a decreasing geometric gradient. The expected income is $4000 per year for years 1 through 6; however, beginning in year 7, income decreased by 15% per year each year through year 15. Calculate the future value in year 15 of the income from the wells provided all of it is invested at 8% per year
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