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A laboratory test machine costs P 150, 000.00, lasts for 6 years and has a salvage value of P 30, 000.00. How much could an

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A laboratory test machine costs P 150, 000.00, lasts for 6 years and has a salvage value of P 30, 000.00. How much could an investor afford to pay for another machine of the same purpose, whose life is 10 years with a salvage value of P40,000.00, if money is worth 5%. GIVEN: REQUIRED: SOLUTION

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