Question: 2.2 A small company wants to replace its Micro Motion Coriolis flowmeters with Emerson F-Series flowmeters. The replacement process will cost the company $50,000 three

2.2 A small company wants to replace its Micro Motion Coriolis

2.2 A small company wants to replace its Micro Motion Coriolis flowmeters with Emerson F-Series flowmeters. The replacement process will cost the company $50,000 three years from now. compute the amount the company must set aside each year beginning one year from now in order to have the total amount in three years. The company plans to invest its finds ay 20% per year (5-points)

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