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Assume a machine costs $50,000 and generates cash flows of $25,000 each year for 3 years. What is the equivalent annual annuity (EAA) if the

Assume a machine costs $50,000 and generates cash flows of $25,000 each year for 3 years. What is the equivalent annual annuity (EAA) if the required rate of return is 5 percent?

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