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QUESTION 9 By doing annual updating of a certain production line a company can avoid spending $100,000 for a new system 10 years from now.

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QUESTION 9 By doing annual updating of a certain production line a company can avoid spending $100,000 for a new system 10 years from now. At an interest rate of 10% per year the annual amount the company can afford to spend beginning one year from now is nearest to 6270 16270 24190 38550 QUESTION 10 In order to update a production process a company can spend money now or four years from now. If the amount now would be 20,000 what equivalent could the company spend in 4 years at an interest rate of 10% per year. 29282 16720 24190 38550 QUESTION 11 If a company invests $25,000 in new packaging equipment, by how much must it reduce its annual costs to expect to recover the investment in seven years at an interest rate of 10% per year. 2635 5135 12830 48718 QUESTION 12 If you loan your friend $1500 today and she gives you $2000 back in four years what is your annual rate of return on this loan. between 5&6 between 6&7 between 7&8 between 8&9

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