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Transcontinental Pipelines is considering a technical process that is expected to reduce annual maintenance costs by $ 7 5 , 0 0 0 . What

Transcontinental Pipelines is considering a technical process that is expected to reduce annual maintenance costs by $

75, 000 .

What is the maximum amount of money that could be invested in the process to be economically feasible if interest is

7 %

compounded quarterly? No decimal places.

Answer:

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