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Part a

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Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA fines of $16,500 per year. An

emission reduction filter will cost $95,000 and have an expected life of 5 years, Carlisle's MARR is 10%/year.

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What is the future worth of this investment? $

Solution

Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is $10.

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Part b

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Part c

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