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3. Constructing a building will cost $10 million today, and the building will be used for 40 years. Assuming a discount rate of 4%, what

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3. Constructing a building will cost $10 million today, and the building will be used for 40 years. Assuming a discount rate of 4%, what is the annualized cost of this building? 4. A school district is considering whether to buy electric or diesel buses. The diesel bus costs $105,000 to purchase today, and consumes an average of $6,300 in diesel fuel per year. Both

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