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A machine cost 100,000 with salvage value of 10,000 after 10 years. If the annual maintenance and operation amounts to 10,000, annual tax and insurance

A machine cost 100,000 with salvage value of 10,000 after 10 years. If the annual maintenance and operation amounts to 10,000, annual tax and insurance amounts to 2,000. If the machine will deliver an annual revenue of 30,000, is it profitable? Take =15%.

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