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(10) 5. Equipment needed at a Valero Corporation refinery for the conversion of corn stock to ethanol, a cleaner burning gasoline additive, will cost $175,000

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(10) 5. Equipment needed at a Valero Corporation refinery for the conversion of corn stock to ethanol, a cleaner burning gasoline additive, will cost $175,000 and have a net revenue of $35,000 the first year, increasing by $10,000 per year over the life of 5 years. Calculate the AW amounts at a MARR of 12%

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