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Atlantic Metals and Plastic uses austenitic nickel-chromium alloys to manufacture resistance heating wire The company is considering a new annealing-drawing process to reduce costs

Atlantic Metals and Plastic uses austenitic nickel-chromium alloys to manufacture resistance heating wire. The company is considering a new annealing-drawing process to reduce costs. If the new process will cost $1.8 million now, how much must be saved each year to recover the investment in 6 years at an interest rate of 12% per year?

May 01 2020 View more View Less

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