A seaI firm Trodents customers expects to decrease downtime by 0.3 as a result of...

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Accounting

A seaI firm Trodents customers expects to decrease downtime by 0.3 as a result of the new seal design. If Iost production would have cost the company $110,000 per year for the next four years, how much could the company afford to spend now on the new seals, if it uses an interest rate of 0,1 2 per year?

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