Question: Aquatech Microsystems spent $185,000 for a communications protocol to achieve interoperability among its utility systems. The company uses a real interest rate of 12% per

Aquatech Microsystems spent $185,000 for a communications protocol to achieve interoperability

Aquatech Microsystems spent $185,000 for a communications protocol to achieve interoperability among its utility systems. The company uses a real interest rate of 12% per year on such investments and a recovery period of 5 years. Determine the annual worth of the expenditure in future dollars at an inflation rate of 4.5% per year. The annual worth of the expenditure is $

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