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Assume the NPV for a machine's total cost over 7 years is -$10,000. If the discount rate is 9%, what will be the equivalent annual

Assume the NPV for a machine's total cost over 7 years is -$10,000. If the discount rate is 9%, what will be the equivalent annual cost (EAC) in this case?

Group of answer choices

-$2,570.92

-$1,986.91

-$2,054.05

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