Question: HP has completed a study indicating that $60,000 in reduced maintenance cost this year (that is, year zero) on one of its processing lines due

HP has completed a study indicating that $60,000 in reduced maintenance

HP has completed a study indicating that $60,000 in reduced maintenance cost this year (that is, year zero) on one of its processing lines due to improved wireless monitoring technology. If HP considers these types of savings worth 8% per year find the equivalent value of this result after 5 years. $76,416 $88,160 $64,578 $77,453 $89,456

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