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A company is considering the purchase of new machine at 450000 that will increase operating efficiency and save labor costs the machine will be worth

A company is considering the purchase of new machine at 450000

that will increase operating efficiency and save labor costs the machine will be worth 367334if the company is deferred the purchase for 3 years it is estimated that the machine will be used for ten years find

1- the annuity interest rate compounded annually

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