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A low-carbon-steel machine part, operating in a corrosive atmosphere, lasts 6 years, and costs $400. If the part is treated for corrosion resistance, it will
A low-carbon-steel machine part, operating in a corrosive atmosphere, lasts 6 years, and costs $400. If the part is treated for corrosion resistance, it will cost $600 installed. How long must the treated part last to be the preferred alternative, assuming 10% interest?
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