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HT Bowling, Inc is considering the purchase of VOIP phone system. It will require an initial investment of $16,500 and $8,250 per year in annual
HT Bowling, Inc is considering the purchase of VOIP phone system. It will require an initial investment of $16,500 and $8,250 per year in annual operating costs over the equipment's estimated useful life of 4 years. The company will use a discount rate of 17%. What is the equivalent annual cost? $4,240 $18,628 $10,129 $14,265
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