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(Solved): A company that manufactures air-operated drain valve assemblies currently has $90,000 available to p ...



A company that manufactures air-operated drain valve assemblies currently has $90,000 available to pay for plastic components over a 5-year period. If the company spent only $56,000 in year 1, what uniform annual amount can the company spend in each of the next 4 years to deplete the entire budget? Let i = 10.00% per year. (Round the final answer to three decimal places.) The uniform annual amount the company can spend is $ .



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