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Jackson & Sons uses packing machines to prepare its products for shipping. They need to replace their primary packing machine and are considering two different

Jackson & Sons uses packing machines to prepare its products for shipping. They need to replace their primary packing machine and are considering two different options. Machine 1 costs $405,100 and lasts 4 years before it needs replaced. The annual aftertax operating cost for the machine is $34,600. Machine 2 costs $546,100 and should last for 9 years. It has an annual aftertax operating cost of $22,850. What is the equivalent annual cost of each machine if

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