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A city engineer knows that she will need $25 million in 3 years to implement new automated toll booths on a toll road in the city. Traffic on the road is estimated to be 3 million vehicles per year. How much per vehicle should the toll be to cover the cost of the tool booth replacement project in 3 years? Interest is 8%.
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A city engineer knows that she will need $25 million in 3 years to implement new automated toll boot...
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