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Please help me, I got the wrong answer. A high-speed electronic assembly machine was purchased two years ago for $50,000. At the present time: it
Please help me, I got the wrong answer.
A high-speed electronic assembly machine was purchased two years ago for $50,000. At the present time: it can be sold for $26,000 and replaced by a newer model having a purchase price of $43,000; or it can be kept in service for a maximum of one more year. The new assembly machine, if purchased, has a useful life of not more than two years. If the before-tax MARR is 18%, when should the old assembly machine be replaced? Use the following data table for your analysis. Click the icon to view the interest and annuity table for discrete compounding when the MARR is 18% per year. The minimum EUAC value of the challenger is $ 26, 620. (Round to the nearest dollar)Step by Step Solution
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