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2. A manufacturing company anticipates a need of $10 million dollars in year 6 to replace worn out equipment. The company has already set aside

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2. A manufacturing company anticipates a need of $10 million dollars in year 6 to replace worn out equipment. The company has already set aside $2.5 Million as of today. The company plans to set aside an unknown amount each year for the next 6 years. Company uses a MARR of 10% per year. a) Draw the cash flow diagram b) How much should they aside each year in order to have $10 million in year 6? 1010 mill. A = ? a.) $2151 = 10% pa 6.) P= 2.5 mill

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