The cost to manufacture a component used in intelligent interface was $22,000 the first year. The company expects the cost to increase by 10% each year. Calculate the present worth of this cost over...

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The cost to manufacture a component used in intelligent interface was $22,000 the<br>first year. The company expects the cost to increase by 10% each year. Calculate the<br>present worth of this cost over five-year period at an interest rate of 5% per year<br>$72,542<br>O $115,226<br>$152,129<br>$89,219<br>$134,312<br>

Extracted text: The cost to manufacture a component used in intelligent interface was $22,000 the first year. The company expects the cost to increase by 10% each year. Calculate the present worth of this cost over five-year period at an interest rate of 5% per year $72,542 O $115,226 $152,129 $89,219 $134,312

Jun 03, 2022

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The cost to manufacture a component used in intelligent interface was $22,000 the first year. The company expects the cost to increase by 10% each year. Calculate the present worth of this cost over...

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