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A company expects to achieve cost savings of $4,500 the firs

Paper help Economics A company expects to achieve cost savings of $4,500 the firs

Economics

A company expects to achieve cost savings of $4,500 the firs

A company expects to achieve cost savings of $4,500 the first year and amounts increasing by $800 ea… Show more A company expects to achieve cost savings of $4,500 the first year and amounts increasing by $800 each year for the next 5 years. At an interest rate of 10% per year, what is the total present worth of the savings? • Show less

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