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Problem 7 Find the present worth (at time 0) of the chrome plating costs in the cash flow diagram. Assume i = 12% per year.

Problem 7 Find the present worth (at time 0) of the chrome plating costs in the cash flow diagram. Assume i = 12% per year. P= ? 0 1 2 3 4 5 Year 1000 1200 1400 1600 $2000 1800

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