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Question - A factory has averaged the following monthly heating and cooling costs over the last 5 years. Calculate the PW at a nominal interest rate of 12%.
Month
Costs
January
$25,000
February
$19,000
March
$15,000
April
$9,000
May
$12,000
June
$18,000
July
$29,000
August
$33,000
September
October
$8,000
November
$16,000
December
$28,000
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