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How much money could RTT Environmental Services borrow to finance a site reclamation project if it expects revenues of $280,000 per year over a 5-year
How much money could RTT Environmental Services borrow to finance a site reclamation project if it expects revenues of $280,000 per year over a 5-year cleanup period? Expenses associated with the project are expected to be $90,000 per year. Assume the interest rate is 10% per year.
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