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A restaurant has purchased a new electronic point-of-sale register. With adequate maintenance, the machine could last 10 years; however, with the rapid advance of technological
A restaurant has purchased a new electronic point-of-sale register. With adequate maintenance, the machine could last 10 years; however, with the rapid advance of technological improvements, it is expected that a newer register will be purchased within five years to replace the unit recently purchased. For depreciation purposes, what would be the useful life of the machine? Explain why?
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Engineering Economy
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
15th edition
132554909, 978-0132554909
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