The Dominion Freight Company has invested $50,000 in a new sorting machine that is expected to produce

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The Dominion Freight Company has invested $50,000 in a new sorting machine that is expected to produce a return of $7,500 per year for the next 10 years. At a 7% annual interest rate, is this investment worthwhile?

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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Question Posted: Dec 03, 2018 12:24 PM

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The Dominion Freight Company has invested $50,000 in a new sorting machine that is expected to produce

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Engineering Economy

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