Question: 2.12 Electric car maker Gentech signed a $75 million contract with Power Systems, Inc. to automate a major part of its assembly line system. If

2.12 Electric car maker Gentech signed a $75 million contract with

2.12 Electric car maker Gentech signed a $75 million contract with Power Systems, Inc. to automate a major part of its assembly line system. If Power Systems will be paid 2 years from now when the systems are ready, determine the present worth of the contract at 18% per year interest

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