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Click the icon to view the table of compound interest factors for discrete compounding periods when i=8%. The present cost of the concrete reservoir is

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Click the icon to view the table of compound interest factors for discrete compounding periods when i=8%. The present cost of the concrete reservoir is { The present cost of the earthen dam is: . As the present worth (cost) of the is is should be the chosen alternative. (Round to the nearest cent as needed.)

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