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A wastewater treatment plant is planing on updated over the next 10 years. There is not initial cost. It costs the plant $300

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Answer #1

A=300000

G = 30000

i = 8%

n = 10

Use the formula = A-G*(A/G,8%,10)

The annual cost = 300000-30000*(A/G,8%,10)

= 300000-30000*3.871314

= 183861

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