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Business, 08.04.2021 23:30 jayjinks976
Pollution control equipment for a pulverized coal cyclone furnace is estimated to cost $190,000, 2 years from now, and, an additional $120,000, 8 years from now. If Monongahela Power wants to set aside enough money now, to cover these future costs, how much must be invested at an interest rate of 8% per year, compounded quarterly
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