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What is the equivalent amount that the company could pay

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Question - One of the major vulnerabilities in a control system is network devices, such as switches for ethernet networks in places accessible to anyone. Delta X switches, manufactured by Dahne Security, allow the user to automatically lock and unlock access to all switches on the network. The company plans to expand its manufacturing lines today or three years from now. If the cost today is $ 1.9 million, what is the equivalent amount that the company could pay in three years? The interest rate is 15% per year.

Reference no: EM132574103

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