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20) A company needs to choose between two machines - One has a 3 year life and one has a six year life Using 6%
20) A company needs to choose between two machines - One has a 3 year life and one has a six year life Using 6% cost of money what is the six year present cost for Machine B Machine A Machine B Cost 275,000 187,000 Yearly operating cost 35,000 27,000 Salvage value 40,000 36,000 Life 6 years 3 years A) 192,222 B) 228,945 C) 421,167 D) 501,890
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