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Intro Downtown Abbey Corp. wants to buy a new sheep-shearing machine. It has narrowed down the choice to two machines that can do the job

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Intro Downtown Abbey Corp. wants to buy a new sheep-shearing machine. It has narrowed down the choice to two machines that can do the job equally well: The Shearilizer Naked Sheep 10,000 20,000 Machine name Purchase price Useful life (years) Maintenance cost (end of each year) 4 7 4,000 3,000 The relevant discount rate is 10%. There are no taxes. Part 3 | Attempt 4/10 for 8.5 pts. What is the equivalent annual cost for the Naked Sheep (in absolute terms)? 0+ decimals Submit

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