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Cleensweep Inc.'s equipment costs $2,000 today, has annual operating costs of $300, and lasts 5 years. Assuming an 8% discount rate, what is the equivalent
Cleensweep Inc.'s equipment costs $2,000 today, has annual operating costs of $300, and lasts 5 years. Assuming an 8% discount rate, what is the equivalent annual cost?
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