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Artisan Breads uses specialized ovens to bake its products. One oven costs $359.400 and lasts 15 years before it needs to be replaced. The annual

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Artisan Breads uses specialized ovens to bake its products. One oven costs $359.400 and lasts 15 years before it needs to be replaced. The annual operating cost per oven is $11,500. If the required rate of return is 14 percent, what is the equivalent annual cost of an oven? $75,779.78 $73,424.37 $70.013.54 $71,068,96

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