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Business, 05.11.2020 18:30 davidoj13

Kelsey Construction has purchased a crane that comes with a 5-year warranty. Repair costs are expected to average $5000 per year beginning in Year 6 when the warranty expires. Determine the present worth of the crane's repair costs over its 15-year life. The interest rate is 10%.

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Kelsey Construction has purchased a crane that comes with a 5-year warranty. Repair costs are expect...
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