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Solve the problem.
-A certain company has found that its expenditure rate per day (in hundreds of dollars) on a certain type of job is given by , where is the number of days since the start of the job. Find the expenditure if the job takes 3 days.
Hedged Item
An asset, liability, or planned transaction exposed to price risks that are offset by using a hedging instrument.
Anticipated Transaction
A future financial operation or deal that is expected to occur.
Existing Asset
Assets that are currently in possession or use by a company, as opposed to newly acquired or disposed assets.
Firm Commitment
An agreement between a buyer and a seller wherein the seller is obligated to supply an agreed-upon amount of goods or services at a specified price.
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