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Question 8 (10 points) A company that manufactures brushless blowers invested $600,000 in an automated quality control system
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Answer #1

rate positively ..

we have to use financial calculator to solve this
put in calculator -
FV 50000
PV -600000
PMT 160000
N 5
Compute I 12.33%
therefore answer = 12.33% per year
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