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An untreated electric wooden pole that will last 10 years under certain soil condition cost 20,000 if a treated pole will last for 20 years.
An untreated electric wooden pole that will last 10 years under certain soil condition cost 20,000 if a treated pole will last for 20 years. What is the maximum justifiable amount that can be paid for the treated pole if money is worth 20% per annum?
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