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Business, 20.02.2020 07:18 saxondear052

A low-cost non-contact temperature measuring tool may be able to identify railroad car wheels that are in need of repair long before a costly structural failure occurs. If the BNSF railroad saves $100,000 in year 1, $110,000 in year 2, and amounts increasing by $10,000 each year for five years, what is the future worth of the savings in year 5 at an interest rate of 10% per year?

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