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The owner of a road spends $3 to repair one of its roads per truck that drives on the road. In the current year 12,000

The owner of a road spends $3 to repair one of its roads per truck that drives on the road.

In the current year 12,000 trucks will drive on the road. This number will grow by 3% per year.

What is the present value of all of the repair costs required for the next 20 years if the discount rate is 6%? Answer to the nearest dollar.

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