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A new machine costs $50,000 and it can save $500 per day in operating costs compared to the existing machine. It has an economic (depreciable)

A new machine costs $50,000 and it can save $500 per day in operating costs compared to the existing machine. It has an economic (depreciable) life of 10 years and a salvage value of $5,000 after that. To obtain a 10% rate of return what is the minimum number of days per year on average the new asset (machine) will have to be used?

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