Question: Aquatech Microsystems spent $183,000 for a communications protocol to achieve interoperability among its utility systems. The company uses a real interest rate of 15% per

Aquatech Microsystems spent $183,000 for a communications protocol to achieve interoperability among its utility systems. The company uses a real interest rate of 15% per year on such investments and a recovery period of 5 years. (a) What is the annual worth of the expenditure in future dollars at an inflation rate of 6% per year? (b) Write a single-cell spreadsheet function to display the correct AW value.

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