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Qwest Airlines has implemented a program to recycle all plastic drink cups used on their aircraft Their goal is to generate $7 million by the
Qwest Airlines has implemented a program to recycle all plastic drink cups used on their aircraft Their goal is to generate $7 million by the end of the recycle program's seven-year life. Each recycled cup can be sold for $0.0025 How many cups must be recycled annually to meet this goal? Assume uniform annual plastic cup usage and a 0% interest rate. Repeat Part (a) when the annual interest rate is 15%. Why is the answer to Part (b)less than the answer to Part (a)? The number of cups is million per year (Round to two decimal places.)
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