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Business, 26.03.2021 01:00 Nashae4771

Weirton Steel signed a 4-year contract to purchase water treatment chemicals from a local distributor for $6,000 per year. When the contract ends, the cost of the chemicals is expected to increase by 6% per year for the next 6 years. If an initial investment in storage tanks is $20,000, determine the equivalent present worth in year 0 of all of the cash flows at i

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