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Rolled ball screws are suitable for high-precision applications such as water jet cutting. Their total manufacturing cost is expected to decrease because of increased productivity,

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Rolled ball screws are suitable for high-precision applications such as water jet cutting. Their total manufacturing cost is expected to decrease because of increased productivity, as shown in the table. Determine the equivalent annual cost at an interest rate of 4% per year. ( 10 points) Draw your cash flow diagram. (Note: Write the formula and /or notation you are using before putting the numbers in. Show your work)

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