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A 3-year-old manufacturing process asset is being considered for early replacement. Its current market value is $13,000. Estimated future market values and annual operating

A 3-year-old manufacturing process asset is being considered for early replacement. Its current market value is $13,000. Estimated future market values and annual operating costs for the next 5 years are given in the following Table, columns 2 and 3. What is the economic service life of this defender if the interest rate is 10% per year? [Solve with MS Market Value Excel]. (10 pts) Time 1 2 3 4 5 $9000 $8000 $6000 $2000 SO AOC S-2500 S-2700 S-3000 S-3500 S-4500

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