An industrial technology department just purchased new spss, Business Economics

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An industrial technology department just purchased new spss

An Industrial Technology department just purchased new SPSS and Minitab software for $3000 now and annual payments of $500 per year for 6 years starting 3 years from now for annual upgrades. What is the present worth of the payments if the interest rate is 8% per year?

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Business Economics: An industrial technology department just purchased new spss

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Business Economics: An industrial technology department just purchased new spss

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