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8) We are looking at buying a new machine that will cost 400,000. It will have a salvage value in 5 years of $75,000. At
8) We are looking at buying a new machine that will cost 400,000. It will have a salvage value in 5 years of $75,000. At an interest rate of 6% what will this machine cost us on an annual basis. A) $81,165 B) $83,999 C) $90,678 D) $97,768
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