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Your company constructs ice plants for deep, hot mines. You recently completed an ice plant at a mine at a cost of R4.80m. This plant

Your company constructs ice plants for deep, hot mines. You recently completed an ice plant at a mine at a cost of R4.80m. This plant could produce up to 2 500 tons of ice per day. Make a quick estimate of the likely cost of a new plant with a capacity of 3 000 tons of ice per day. (Note: Y = 0.6)

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