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Wrangler Western has some of itsjeans stone-washed under a contract with an independent contractor, Almos Garment Corp. If Almos' operating cost is $34,000 per year

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Wrangler Western has some of itsjeans stone-washed under a contract with an independent contractor, Almos Garment Corp. If Almos' operating cost is $34,000 per year for years 1 and 2 and then it increases by 6% per year through year '10, what is the yearzero present worth of the machine operating cost at an interest rate of10% per year? The present worth of the machine operating cost is determined to be $ |:|_

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