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Question 9 An inline filter has an estimated life of 9 years. By adding a purifier to the filter, savings of $300 in annual operating

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Question 9 An inline filter has an estimated life of 9 years. By adding a purifier to the filter, savings of $300 in annual operating costs can be obtained. Annual interest on capital is 8 percent. Compute the marimum erpenditure justifiable for the purifier

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