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Video cards based on Nvidia's highly praised GeForce2 GTS processor tipically costs - $250.00. Nividia released a light version of the ship that costs $150.

Video cards based on Nvidia's highly praised GeForce2 GTS processor tipically costs - $250.00. Nividia released a light version of the ship that costs $150. If a certain video game maker was purchasing 3,000 chips per month, what was the present worth of savings associated with the cheaper chip over a 2-year period at an interest rate of 16% per year, compounded quarterly?

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