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Ericsen is consuming cash at a rate of $5,000 per day, every day of the year. Each time they sell securities for cash it costs

Ericsen is consuming cash at a rate of $5,000 per day, every day of the year. Each time they sell securities for cash it costs them $85. The interest rate is 9%. According to the EOQ model, approximately how much is the annual ordering costs for Ericsen?

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