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2 . 1 0 5 A build - to - operate ( BTO ) company signed a contract to operate Alamosa County industrial wastewater treatments

2.105 A build-to-operate (BTO) company signed a contract to operate Alamosa County
industrial wastewater treatments plants for the next 20 years. The contract will pay the
company $2.5 million now and amounts increasing by $200,000 each year through year
At an interest rate of 10% per year, what is the present worth now? ***Solve using a spreadsheet***
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