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NO EXCEL! #7 A software company's labor requirements currently cost $365,000 yyear. The labor-hour requirements are expected to increase by 9% per year over the

NO EXCEL!

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\#7 A software company's labor requirements currently cost $365,000 yyear. The labor-hour requirements are expected to increase by 9% per year over the next 5 years. If inflation is 2.5%, determine the labor costs after 5 years using

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