The maker of a motion-sensing towel dispenser
Chapter 3, Problem 3.74(choose chapter or problem)
The maker of a motion-sensing towel dispenser isconsidering adding new products to enhance offeringsin the area of touchless technology. If thecompany does not expand its product line now, itwill definitely do so in 2 years. Assume the interestrate is 10% per year. The amount the company canafford to spend now if the cost 2 years from now isestimated to be $100,000 is closest to:(a) $75,130(b) $82,640(c) $91,000(d) $93,280
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