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3 . A new die press machine costs $ 1 5 0 , 0 0 0 , and lasts 8 years with salvage value of

3. A new die press machine costs $150,000, and lasts 8 years with salvage value of $20,000. Annual operating costs are $50,000. If you want to make a 10% return on investment, what is the minimum annual revenue required from this machine?

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