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Digital Tech Dynamics purchased a new quality inspection system for $ 5 5 0 , 0 0 0 . The estimated salvage value was $
Digital Tech Dynamics purchased a new quality inspection system for $ The estimated salvage value was $ after years. Currently, the expected remaining life is years with an AOC of $ per year and an estimated salvage value of $ The new president has recommended early replacement of the system with one that costs $ and has a year economic service life, a $ salvage value, and an estimated AOC of $ per year. If the MARR for the corporation is per year, use factorbased relations to determine the minimum tradein value necessary now to make the president's replacement economically advantageous.
The minimum tradein value necessary now to make the president's replacement economically advantageous is $
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