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28. You are evaluating two different sound mixers. The Jazzmaster costs $75,000, has a three-year life, and has pre-tax operating costs of $10,000 per year.

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28. You are evaluating two different sound mixers. The Jazzmaster costs $75,000, has a three-year life, and has pre-tax operating costs of $10,000 per year. The Discomaster costs $100,000 has a five-year life, and has pre-ta operating costs of $8,000 per year. For either sound mixer, you use straight-line depreciation to zero over the project's life and assume a salvage value of zero. Given a 35 percent tax rate and a 13 percent discount rate, compute the equivalent annual cost (EAC) for the Discomaster

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