Metals and thermoplastics used for weather stripping

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Akron Coating and Adhesives (ACA) produces a hot melt adhesive that provides a strong bond between metals and thermoplastics used for weather stripping, seals, gaskets, hand grips for tools, appliances, etc. ACA claims that by eliminating a primer coat, manufacturers can cut costs and reduce scrap. If Porter Cable is able to save $40,000 in one year from now and $70,000 per year by switching to the new adhesive, wh at is the Future Worth of the savings after 4 years at an interest rate of 10% per year?

Reference no: EM131880981

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