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Hillier Hillier
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Posts: 550
Rep: 5 0
6 years ago
Triad is considering a medical process that is expected to reduce annual costs by $43 000.00. What is the maximum amount of money that could be invested in the process to be economically feasible if interest is 7.44% compounded quarterly?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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Replies
wrote...
6 years ago
p=   - 1 = 0.0765016
PV =   = $562 079.75
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