Question: Rotary encoder collars with targets on the face or outside diameter add speed sensing capability to rotating shafts. SKF Manufacturing expects sales of $150,000 in

Rotary encoder collars with targets on the face or outside diameter add speed sensing capability to rotating shafts. SKF Manufacturing expects sales of $150,000 in quarter one, increasing by $5,000 per quarter through year 5. Calculate the present worth of the sales through a 5-year period at an interest rate of nominal 20% per year compounded quarterly.

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