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An engineering firm knows that they will need to pay out $30,000 to replace key equipment in a facility 3 years from now. If they

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An engineering firm knows that they will need to pay out $30,000 to replace key equipment in a facility 3 years from now. If they begin saving and investing now at an interest rate of 6% per year, how much must the firm invest at the end of each year over the next 3 years

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