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A currently used machine costs $10,000 annually to run. What is the maximum that should be paid to replace the machine with one that will
A currently used machine costs $10,000 annually to run. What is the maximum that should be paid to replace the machine with one that will last three years and cost only $4,000 annually to run? The opportunity cost of capital is 12%. A. $ 2,000 B. $ 9,607 C. $14,411 D. $24,018
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