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You are putting together a bid for a neglected golf course. In segmenting your cost, you are coming up w/ an estimate for weed control.

You are putting together a bid for a neglected golf course. In segmenting your cost, you are coming up w/ an estimate for weed control. in the first year you estimate you will need 5 workers for 200/ day for 3 days. You anticipate cost declining by 25% a year thereafter. Your discount rate is 5%. What is the present value of the first 10 years of weed control?

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