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Business, 10.03.2020 00:34 pennygillbert

Wrangler Western has some of its jeans stone-washed under a contract with an independent contractor, Almos Garment Corp. If Almos’ operating cost is $34,000 per year for years 1 and 2 and then it increases by 6% per year through year 10, what is the year-zero present worth of the machine operating cost at an interest rate of 12% per year? The present worth of the machine operating cost is determined to be $

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