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Business, 28.02.2020 23:07 eli761029

Phoenix Pump and Filter projects that the cost of steel bodies for Model R910 valves will increase by $2.50 every 3 months. If the cost for the first quarter is expected to be $90 per unit, what is the present worth of a unit's costs over a 3- year time period at an interest rate of 12% per year compounded quarterly?

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