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0 Required information A plant manager is not sure whether he will get the approval to buy new equipment for automating an engine assembly line

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0 Required information A plant manager is not sure whether he will get the approval to buy new equipment for automating an engine assembly line now or at some future time within the next 3 years. In order to have the money whenever he is given the go-ahead, he has asked you to tell him what the equipment is likely to cost in each of the next 3 years. The cost of the equipment today is $360,000, and the MARR is 15% per year. How much will it cost at the end of years 1, 2, and 3 if the cost increases only by the inflation rate of 4% per year? The cost at the end of year 1 is $ The cost at the end of year 2 is $ The cost at the end of year 3 is $

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