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Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,000per year. An emission reduction filter
Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $18,000per year. An emission reduction filter will cost $95,000and will have an expected life of 5 years. Carlisle'sMARRis11%/year.
A. What is the present worth of this investment? $
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