The market volume for widgets is increasing by 15% per year from current profits of $200,000. Investing

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The market volume for widgets is increasing by 15% per year from current profits of $200,000. Investing in a design change will allow the profit per widget to stay steady; otherwise they will drop 3% per year. What is the present worth of the savings over the next 5 years? Ten years? The interest rate is 10%.

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