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The total cost associated with development and approval for a new prescription drug was estimated to be $ 2 . 3 million in 2 0
The total cost associated with development and approval for a new prescription drug was estimated to be $ million in Costs are expected to increase each year through the year Find the uniform series equivalent to the given geometric series over the year period with a discount rate. Assume end of year cash flows.
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$ million
Carry all interim calculations to decimal places and then round your final answer to decimal places. Please enter your answer in millions of dollars. The tolerance is
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