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A company that manufactures air-operated drain valve assemblies currently has $140,000 available to pay for plastic components over a 5 -year period. If the company
A company that manufactures air-operated drain valve assemblies currently has $140,000 available to pay for plastic components over a 5 -year period. If the company spent only $52,000 in year 1 , what uniform annual amount can the company spend in each of the next 4 years to deplete the entire budget? Let i=13% per year. The uniform annual amount the company can spend is $
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