Question: Pharma Manufacturing is considering a medical process that is expected to reduce its annual operating costs by $70,000.00. What is the maximum amount of money

Pharma Manufacturing is considering a medical process that is expected to

The maximum amount of money that should be invested for the process to be economically feasible is $__ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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Pharma Manufacturing is considering a medical process that is expected to reduce its annual operating costs by $70,000.00. What is the maximum amount of money that should be invested for the process to be economically feasible if interest is 7.16% compounded quarterly? The maximum amount of money that should be invested for the process to be economically feasible is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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