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Question 1 A machine is under consideration for a new manufacturing process. The interest rate is 10% computed semiannually. Compute the future worth of

 

Question 1 A machine is under consideration for a new manufacturing process. The interest rate is 10% computed semiannually. Compute the future worth of this alterntive. First cost = $70,000 Semiannual cost = $6,000 Semiannual income = $18,000 Salvage value = $9,000 Life in years = 5 a. $273,957.80 b. $36,911.80 c. $45,911.80 O d. -$255,958

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