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A project to manufacture and market smart locks compatible with Alexa and Google Home requires an investment of $3.5 million pesos. Considering that the equipment
A project to manufacture and market smart locks compatible with Alexa and Google Home requires an investment of $3.5 million pesos. Considering that the equipment has a salvage value in year 5 of $400,000 and a rate of 10% per year. How much would the minimum annual benefits have to be to justify the investment?
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