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A project requires 8 yearly investments. The initial investment at end of year one is $20,000 with a 5% negative gradient for the other 7

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A project requires 8 yearly investments. The initial investment at end of year one is $20,000 with a 5% negative gradient for the other 7 investments. Interest is 6%. What is the present cost of the total investment? A product can be manufactured with two different processes. Costs associated with each process are as shown. Interest is 6%. Which process is a better investment today

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