A software companys labor requirements currently cost $345,000/year. The labor-hour requirements are expected to increase by 9% per year over the next 5 years. If inflation is 5.0%, determine the labor costs after 5 years using:

Chapter 10, Problem 019 A software company's labor requirements currently cost $345,000/year. The labor-hour requirements are expected to increase by 9% per year over the next 5 years. If inflation is 5.0%, determine the labor costs after 5 years using: Then-current dollars. $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 50 Constant-worth dollars. $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 50