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The annual operating and maintenance (O&M) expenses of a company are $195,000 at EOY 1 decreasing by $8,500 per year until EOY 10. If the

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The annual operating and maintenance (O&M) expenses of a company are $195,000 at EOY 1 decreasing by $8,500 per year until EOY 10. If the annual interest rate is 13.75%, what is the future equivalent of the O&M expenses at EOY 10? O a. $3,297,688 O b. $871,975 O c. $4,287,924 O. d. $3,162,410 O e. $4,152,645

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