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Department A's cost was $10,000 in year 1 of its operation; however, it is estimated that costs will increase by 5% each year. Calculate the
Department A's cost was $10,000 in year 1 of its operation; however, it is estimated that costs will increase by 5% each year. Calculate the present worth of Department A's cost over an 8-year period at an interest rate of 10% per year compounded annually. Treat all numbers as positive values. Add your answer Integer, decimal, or E notation allowed Department A's cost was $10,000 in year 1 of its operation; however, it is estimated that costs will increase by 5% each year. Calculate the present worth of Department As cost over an 8 -year period at an interest rate of 10% per year compounded annually. Treat all numbers as positive values. nreger, decimal, or i notationallowed
Department A's cost was $10,000 in year 1 of its operation; however, it is estimated that costs will increase by 5% each year. Calculate the present worth of Department A's cost over an 8-year period at an interest rate of 10% per year compounded annually. Treat all numbers as positive values. Add your answer Integer, decimal, or E notation allowed
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