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Business, 05.03.2021 02:20 dpinzoner5952

The City of San Antonio is considering various options for providing water in its 50-year plan, including desalting. One brackish aquifer is expected to yield desalted water that will generate revenue of $4.1 million per year for the first 4 years, after which less production will decrease revenue by 10% per year each year. If the aquifer will be totally depleted in 22 years, what is the present worth of the desalting option revenue at an interest rate of 5% per year

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