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A new machine costs $ 1 5 , 0 0 0 and will cost $ 5 , 0 0 0 a year to operate and
A new machine costs $ and will cost $ a year to operate and maintain. If the discount
rate is and the machine lasts for years, what is its equivalent annual cost?
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
