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Business, 13.11.2019 21:31 Laners0219

The estimated annual expense for a new machine, in year zero dollars, is $800. this annual expense is estimated to increase at the rate of 6% (total price escalation rate) per year. assume that the general price inflation rate f = 3%. what is the expense for year 3 in real dollars (b=0)? only fill in the number of the calculated result and round to the nearest integer.

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