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How much will the future purchases for safety improvement

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Reference no: EM133143547

Question - Your company needs to purchase new air handlers to meet the OSHA silica standard. They are approximately $3,617 per unit.  You have enough money to purchase 4 now and you've gotten an allowance from OSHA to purchase the next 7 needed for your site over the next 7 quarters.

If you assume 3.11% annual interest, how much will the future purchases for safety improvement end up costing you?

Reference no: EM133143547

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