Manufacturer of backflow prevention valves expects .

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A manufacturer of backflow prevention valves expects the cost of the steel bodies of certain valves to increase by $3 every 6 months. If the cost for the first semi annual period is expected to be $85, what is the present worth of the costs for a 4-year time period at an interest rate of 1% per month? Please functional notation (P/F,i,n) with table values

Reference no: EM13809530

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