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Mathematics, 04.04.2020 06:10 jvanegas6797

The cost for electricity is expected to rise at an annual rate of 8%. In its first year,
a business spends $3000 for electricity.
a. How much will the business pay for electricity in the 6th year?
b. How much in total will be paid for electricity over the first 6 years?

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Answers: 2

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The cost for electricity is expected to rise at an annual rate of 8%. In its first year,
a bus...
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