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(Solved): Shocless Air Conditioning Inc. expects the price of copper tubing to increase by \( \$ 2 \) every 3 ...




Shocless Air Conditioning Inc. expects the price of copper tubing to increase by \( \$ 2 \) every 3 months. If the cost for t
Shocless Air Conditioning Inc. expects the price of copper tubing to increase by \( \$ 2 \) every 3 months. If the cost for the first quarter is expected to be \( \$ 60 \), what is the present worth of the costs for a 3-year time period at a MARR of \( 12 \% \) per year compounded quarterly? Hint: Convert the \( 12 \% \) interest rate to \( 3 \% / \) Qt first.


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MARR per year = 12% (compounding quart
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