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You have developed a software application for analyzing 3-D printing machine sensor data to predict preventive maintenance timing. A company wants to by your software
You have developed a software application for analyzing 3-D printing machine sensor data to predict preventive maintenance timing. A company wants to by your software and offers you a choice of: (1) $12,900 per year paid at the end of the year for the next 3 years or (2) $37,500 right now. Assume that you have an investment opportunity paying 5% interest compounded annually. Which payment plan should you select and why
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