French car maker Renault signed a $95 million contract with ABB of Zurich, Switzerland, for automated underbody
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French car maker Renault signed a $95 million contract with ABB of Zurich, Switzerland, for automated underbody assembly lines, body assembly workshops, and line control systems. If ABB will be paid in 3 years, when the systems are ready, what is the present worth of the contract at 12% per year interest?
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Related Book For 
Basics Of Engineering Economy
ISBN: 9780073376356
2nd Edition
Authors: Leland T. Blank, Anthony Tarquin
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