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Improvised explosive devices ( IEDs ) are responsible for many deaths in times of strife and war. Unmanned ground vehicles ( robots ) can be
Improvised explosive devices IEDs are responsible for many deaths in times of strife and war. Unmanned ground vehicles robots
can be used to disarm the IEDs and perform other tasks as well. If the robots cost $ each and the military arms unit signs a
contract to purchase of them now and another one year from now, what is the equivalent annual cost of the contract over
a year period at per year interest? Round the final answer to three decimal places.
The equivalent cost of the contract is determined to be $
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