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1. Marshall Paper Tube is building a new plant. The expected annual operational costs for the first year are $2.1 million. This cost is expected

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1. Marshall Paper Tube is building a new plant. The expected annual operational costs for the first year are $2.1 million. This cost is expected to increase by $125,000 annually over the next fifteen years. What is the annual equivalent cost of running the new plant over the first fifteen years? (5 points)

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