Find what is the present worth of the savings


Problem

Added insulation will save Hi Tec Manufacturing $150,000 per year for the next 20 years. Assume that the savings are continuous throughout the year and that i = 6%. What is the present worth of the savings?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Find what is the present worth of the savings
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