Annual revenue required = 17m*(A/P,15%,12) + 10m*(P/F,15%,1)*(A/P,15%,12) + 1.4m
= 17m* 0.184481 + 10m* 0.869565* 0.184481 + 1.4m
= 6.14m
5. U.S. Steel is considering a plant expansion to produce austenitic, precipitation hardened, duplex, and martensitic...
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