A construction firm can achieve a $15,000 cost sav-ings in
Chapter , Problem 4-76(choose chapter or problem)
A construction firm can achieve a $15,000 cost sav-ings in Year 1 and increasing by $2000 each year forthe next 5 years by upgrading some equipment. Atan interest rate of 15%, what is the equivalent annualworth of the savings?
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