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Ahmad purchased a CNC machine for $18,000. It is expected to have a useful life of 10 years and a salvage value of $3,000. At

Ahmad purchased a CNC machine for $18,000. It is expected to have a useful life of 10 years and a salvage value of $3,000. At i = 15%, what is the annual capital cost of this machine?
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Ahmad purchased a CNC machine for $18,000. It is expected to have a useful life of 10 years and a salvage value of $3,000. At i = 15%, what is the annual capital cost of this machine? Select one: a. $ 2990 b. $ 3900 c. $ 3140 O d. $ 3439

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