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Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $182,000 when the FRED Equipment Cost Index was 208.8.

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Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $182,000 when the FRED Equipment Cost Index was 208.8. What was the estimated cost of a similar system in 2015 when the index value was 249.2? The estimated cost of a similar system in 2015 was determined to be $

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