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A construction firm can achieve a $ 1 5 , 0 0 0 cost savings in Year - 1 and increased by $ 2 ,

A construction firm can achieve a $15,000 cost
savings in Year-1 and increased by $2,000 each
year for the next 5 years by converting their diesel
engines for biodiesel fuel. At an interest rate of
15%, what is the equivalent annual worth (A) of the
savings? [4]
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