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Implementing a training program designed

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A factory with 70 employees spends $50,000 upgrading its safety equipment and another $5,000 implementing a training program designed to improve worker safety. In exchange for making these improvements, the factory's health insurance provider agrees to decrease its annual premiums by $900 per employee. How much money will the factory save in the first year after making these improvements?

  • $8,000
  • $13,000
  • $28,000
  • $33,000
  • $63,000

Reference no: EM131301875

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