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Blue Spruce Inc. is considering modernizing its production facility by investing in new equipment and selling the old equiprnant. The following information has been collectad
Blue Spruce Inc. is considering modernizing its production facility by investing in new equipment and selling the old equiprnant. The
following information has been collectad on this imestment:
Depraciation is $ per year for the ald aquipment. The straightline depraciation mathod would be usad for the new equipmant
ovar an aightyear pariod with salvaga value of $
a
Your answer is corract.
Determina the cash payback pariod. Ignora income tayasRound answer to decimal places, eg
Cash payback pariod
years
eTextbook and Medla
b
Calculata the annual rate of return. Round answer to decimal places, e
Annual rate of return
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