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A cement factory required an investment of amount P in 2008 that is equivalent to $200 million in year 2012. Delays beyond the year of

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A cement factory required an investment of amount P in 2008 that is equivalent to $200 million in year 2012. Delays beyond the year of 2012 will require additional money to construct the factory. Assuming that the cost of money is 10% per year, compound interest, use both tabulated factor values and spreadsheet functions to determine the following for the board of directors of this company that plans to develop the factory Question 1. a. The equivalent investment needed if the plant is built in 2015 b. The equivalent investment needed had the plant been constructed in the year 2008 c. Attach a printout of the excel sheet for submission

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