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success of the plant's marketing, quality, and reputation. Assume that revenue may start at $50 million by the end of the first year, but then
success of the plant's marketing, quality, and reputation. Assume that revenue may start at $50 million by the end of the first year, but then decreases geometrically by 12% per year through year 5. Determine the present worth and future worth equivalents of all revenues during this 5-year time frame at the same rate used previously that is, 10% per year. Solution
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