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Business, 19.04.2021 16:10 exoticbunnylover123

Atlantic Metals and Plastic uses austenitic nickel-chromium alloys to manufacture resistance heating wire. The company is considering a new annealing-drawing process to reduce costs. If the new process will cost $1.8 million now, how much must be saved each year to recover the investment in 6 years at an interest rate of 12% per year?

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