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Any one of five machines can be used in a certain phase of a canning operation. The costs of the machines are shown below and

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Any one of five machines can be used in a certain phase of a canning operation. The costs of the machines are shown below and all are expected to have a 10-year life. If the company's minimum attractive rate of return is 16% per year, determine which machine should be selected on the basis of rate of return

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