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The engineering group of Baker Designs must decide whether to spend $90K (K for thousands) on a new project. This project will cost $5K per

The engineering group of Baker Designs must decide whether to spend $90K (K for thousands) on a new project. This project will cost $5K per year for operations, and it will increase revenues by $20K annually. Both the costs and the revenues will continue for 10 years. How much interest is incurred in this project?

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