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Initial Cost Total Annual Costs $55,000 $16,200 S75,000 S12,450 With interest at 10% per year, at what service life do these two machines have the
Initial Cost Total Annual Costs $55,000 $16,200 S75,000 S12,450 With interest at 10% per year, at what service life do these two machines have the same equivalent uniform annual cost? The service life is closest to: A. 4 years B. 5 years C. 6 years D. 8 years
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