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Ford Motor Company was able to reduce by 7 4 % the cost required for installing data acquisition instrumentation on test vehicles by using MTS
Ford Motor Company was able to reduce by the cost required for installing data acquisition instrumentation on test vehicles by using MTSdeveloped spinning wheel force transducers. The cost this year ie end of year is expected to be $
If the costs are expected to increase by $ each year for the next years, what is the equivalent annual worth of the costs years at an interest rate of per year?
The equivalent annual worth is $
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