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An industry is considering two high technology machines for purchase. Machine A will have a first cost of $80,000, an annual maintenance and operation
An industry is considering two high technology machines for purchase. Machine A will have a first cost of $80,000, an annual maintenance and operation cost of $30,000, and a $40,000 salvage value. Machine B will have a first cost of $97,000, an annual maintenance and operation cost of $27,000, and a $50,000 salvage value.What is the future worth for machine B at an interest rate of 15% per year? Use a 3-year study period. -$192,187 -$191,285 -$185,068 -$190,886
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