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The cost to produce one phone for an enterprise is $150/phone. The production cost is only $90/phone. If the company wants to produce 250 phones

The cost to produce one phone for an enterprise is $150/phone. The production cost is only $90/phone. If the company wants to produce 250 phones each year for 2 years, what is the present worth of the discount (production-cost difference) over the 2-year period at an interest (or discount) rate of 11% per year?

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