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The State of Chiapas. Mexico. decided to fund a program for improving reading skills in elementary school students. The first cost is $250,000 now and

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The State of Chiapas. Mexico. decided to fund a program for improving reading skills in elementary school students. The first cost is $250,000 now and an update amount of $180,000 every 6 years forever. Determine the perpetual equivalent annual cost at an interest rate of 14% per year. The perpetual equivalent annual cost is determined to be $ 23520 0

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