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. A company is considering two machines: Machine X has a first cost of $60,000, AOC (annual operating cost) of $20,000, and Salvage value (S)

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. A company is considering two machines: Machine X has a first cost of $60,000, AOC (annual operating cost) of $20,000, and Salvage value (S) of $8000 after 6 years. Machine Y will cost $70,000 with an AOC of $16,000 and S of $9000 after 7 years. Which machine should the company select at an interest rate of 6% per year using AW analysis? (30 points) *Note: you should calculate Equivalent Annual Worth of one lifecycle for each Machine

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