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Equipment purchased in 2006 for $20,000 must be replaced in late 2017. What is the estimated cost of the replacement equipment based on the following
Equipment purchased in 2006 for $20,000 must be replaced in late 2017. What is the estimated cost of the replacement equipment based on the following cost indices? 2012 244 End of Year Index End of Year Thes 2004 132 2011 201 2005 144 210 2006 155 2013 225 2007 155 2013 2008 175 2015 269 2009 185 2016 281 2010 195 2017 296(estimated The estimated cost of the replacement equipment based on the cost indices provided is $ Round to the nearest dollar)
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