When the company is ready to make the purchase

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An engineering firm wishes to purchase new computers and server to replace their aging equipment. They plan on purchasing the equipment in 3 years. The purchase price of the computers is be $2468 each today. The purchase price of the servers will be $12,987 each. They will need 45 computers and 4 servers to replace their existing equipment. If the computers will inflate at the rate of 1.5% per year. How much will they cost when the company is ready to make the purchase?

Reference no: EM13697425

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