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You have created a novel reusable water bottle filtration system. When presenting it to the client , you have decided to do a present value
You have created a novel reusable water bottle filtration system. When presenting it to the client , you have decided to do a present value / present worth analysis , over 5 years with an interest rate of 20%. It includes an initial manufacturing cost of $275 at year 0 for one novel filtration bottle. Please assume all costs are positive and all benefits are negative. what is the present value / present worth of the initial manufacturing cost? please answer to the nearest whole number.
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