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Answer correctly. Don't give a random guess please You have purchased a machine costing $29,000. The machine will be used for two years, and at

Answer correctly. Don't give a random guess please image text in transcribed
You have purchased a machine costing $29,000. The machine will be used for two years, and at the end of this time, its salvage value is expected to be $14,000 The machine will be used 4.000 hours during the first year and 5.000 hours during the second year The expected annual net savings will be $39.000 during the first year and $44,000 during the second year. If your interest rate is 12%. what would be the equivalent net savings per machine hour? Click the icon to view the interest factors for discrete compounding when i = 12% per year The equivalent net savings are $ per machine hour. (Round to the nearest cent.)

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