Business, 15.04.2020 17:20 crossoverking07

A letter to the editor of a local newspaper complain that $775,000 "wasted" on a useless"economic development study could have been better used. The writer claims that "if the moneyhad been invested on 4% interest, it could have provided enough money to keep an additionalcop on the streets for the next 20 years!" assuming a level cost per year over the next 20 years, what is the writer assuming it costs to pay a police officer for a year?

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