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Demco Products, a company that manufactures stainless steelcontrol valves, has a fund for equipment replacement that contains$500,000. The company plans to spend $85,000 each year

Demco Products, a company that manufactures stainless steelcontrol valves, has a fund for equipment replacement that contains$500,000. The company plans to spend $85,000 each year on newequipment. 2 answers

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