What is the maximum it would be reasonable

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What is the maximum it would be reasonable ( i.e., do no financial harm) for the owner of a building to pay for a new heated drive way system if it would save $1,577.35 per year in plowing charges. The owner's cost of money is 6%/yr. Assume the system would have a life of 18 yrs.

Reference no: EM13726237

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