Question: Transcontinental Pipelines is considering a technical process that is expected to reduce annual maintenance costs by $89,000. What is the maximum amount of money that

Transcontinental Pipelines is considering a technical process that is expected to reduce annual maintenance costs by $89,000. What is the maximum amount of money that could be invested in the process to be economically feasible if interest is 8.1% compounded quarterly? The the maximum amount of money that could be invested is $ (Round the final answer to the nearest dollar as needed. Round all intermediate values to six decimal places as needed.)

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