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Hang Coffee uses high-end coffee roasting machines that cost $30,000 to purchase plus $5,000 per year to operate. The machines have a four-year life, after

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Hang Coffee uses high-end coffee roasting machines that cost $30,000 to purchase plus $5,000 per year to operate. The machines have a four-year life, after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 18 percent? $16,550 $10,863 $11,152 $16,152 $12.500

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