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ABC Corporation is considering investing in building a new structure for their manufacturing operations. The initial investment for the project is 1000. Over the next

ABC Corporation is considering investing in building a new structure for their manufacturing operations. The initial investment for the project is 1000. Over the next five years, the company expects to take in $150,$160,$210,$250, and $275 each year. Will annual interest rate of 3%, will this project be profitable?

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