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Can u please solve this with steps on using a calculator. and CF on financial calculator thanks A machine costs $60,000 and will cost $15,000
Can u please solve this with steps on using a calculator. and CF on financial calculator thanks
A machine costs $60,000 and will cost $15,000 a year to operate and maintain. If the discount rate is 9.4% and the machine will last for 4 years, what is the equivalent annual cost of the machine? a. $30,000 b. $33,683 c. $40,420x d. $28,069 e. $37,366Step by Step Solution
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