Last year, a decision was made to keep the same equipment in lieu of buying new equipment The old equipment's trade in value last year was $4000 and its value this year is $2000 The operating cost was $700 last year If bought last year, the new equipment would have cost $15K, the salvage value after 8 years would be $2000, and it would have an annual operating cost of $4000 If bought last year, what would have been the EUAC of the new equipment (in dollars) at 18 interest rate per year (provide your answer in the box as a negative value if you arrive at costs) What would have been the correct decision (provide your answer and justification in your pdf file submission)

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Last year, a decision was made to keep the same equipment in lieu of buying new equipment  The old equipment's trade in value last year was $4000 and its value this year is $2000  The operating cost was $700 last year  If bought last year, the new equipment would have cost $15K, the salvage value after 8 years would be $2000, and it would have an annual operating cost of $4000  If bought last year, what would have been the EUAC of the new equipment (in dollars) at 18  interest rate per year  (provide your answer in the box as a negative value if you arrive at costs) What would have been the correct decision  (provide your answer and justification in your pdf file submission)

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Last year, a decision was made to keep the same equipment in lieu of buying new equipment. The old equipment's trade-in value last year was

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