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In the application of a waste heat boiler project, a fixed income of 7,500 USD occurs each year. At the end of a 12-year study,

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In the application of a waste heat boiler project, a fixed income of 7,500 USD occurs each year. At the end of a 12-year study, considering that the interest rate is 15% during this period, which of the following is the present value (USD) of the earning to be obtained? (Present value coefficient for 15% interest and 12 years is 5,421) 48.965 a Ob. 34.663 OC 53.850 Od. 40.657 None

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