Question: For a Fixed Price Incentive Fee ( FPIF ) contract, if the target cost is set at $ 5 0 0 , 0 0 0

For a Fixed Price Incentive Fee (FPIF) contract, if the target cost is set at $500,000, the actual cost is $450,000, and the seller receives an additional 10% of the savings, what is the total amount paid to the seller?

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