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Artisan breads uses specialized oven to bake its products. one oven cost $354,000 and last 15 years before it needs to be replaced. The annual
Artisan breads uses specialized oven to bake its products. one oven cost $354,000 and last 15 years before it needs to be replaced. The annual operating cost per oven is $14,200. if the rewuired rate of return is 19%, what is the equivilent annual cost of an oven
A. $89,157.94
B. $97,879.97
C. $106,602.00
D.$86,802.53
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