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A machine has a first cost of SR 50,000 with an expected useful life of 10 years. The salvage value is estimated to be SR
A machine has a first cost of SR 50,000 with an expected useful life of 10 years. The salvage value is estimated to be SR 5,000. Annual maintenance expenses are SR 500. What will be the capital recovery cost if MARR is 8%? (unit: SR)
a) 5,685b) 4,264c) 7,106d) 2,842
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