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a company knows that it will need to pay $750,000 each year for the next 10 years to clean up toxic pollution at a

a company knows that it will need to pay $750,000 each year for the next 10 years to clean up toxic pollution at a farmer plant site. Management wants to set aside a lump sum now that will be enough to provide for those costs. if the money earns 5% interest how much would the company need to set aside today?

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