Insurance premiums if the system

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Reference no: EM131807328

How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system has to be replaced every 20 years and has a salvage value equal to 10% of its initial cost? Assume money is worth 7%.

Reference no: EM131807328

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Insurance premiums if the system : How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system

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