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The cost of a fence that can detect poacher intrusion into a National Wildlife Preserve is $2.900 million per mile. If the effective life of

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The cost of a fence that can detect poacher intrusion into a National Wildlife Preserve is $2.900 million per mile. If the effective life of the fence is 11.00 years, determine the equivalent annual cost of a/an 9.00-mile long fence at an interest rate of 9.00% per year. (Round the final answer to three decimal places.) The equivalent annual cost is \$

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