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Your company needs to invest in new air filtering equipment to aid in controlling the crystalline silica exposure to your on - site workers like

Your company needs to invest in new air filtering equipment to aid in controlling the crystalline silica exposure to your on-site workers like the one below. The initial investment is $4500 and you have quarterly replacement costs of $800. What is the expected total cost at the end of 5 years if you evaluate this to have annual interest (5%) compounded at the same rate as your replacement costs?

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