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A county wants to build one centrally-located processing facility to serve the county's four recycling drop-off locations.The four drop-offs have characteristics as given in the table below.What is the approximate center of gravity of these four locations?
Present Value of $1
The current worth of a single dollar to be received in the future, discounted at a specific interest rate.
Borrowed Asset
An asset that is temporarily acquired from another party under a loan agreement, to be returned after a specified period or upon fulfilling certain conditions.
Ordinary Annuity
A series of equal payments made at the end of consecutive periods over a fixed length of time.
Equal Payments
Regular payment amounts made or received over a period, typically in the context of loans, leases, or annuities, where each payment is of the same value.
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