Research and technology improvements have led engineers to believe they can reduce the extra cost of desalination.
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Question:
Research and technology improvements have led engineers to believe they can reduce the "extra" cost of desalination. If the "extra" cost is anticipated to remain at $ 4,400M for 1 year, then decrease as a gradient by $ 350M per year through year 6, determine the uniform annual equivalent of the gradient reduction in "extra" cost, and then both the present worth and future worth of the "extra" cost over 6 years.
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