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Please help solve in excel. Question 5: The hospital is buying a new piece of equipment. The initial cost of one the equipment is $200,000
Please help solve in excel.
Question 5: The hospital is buying a new piece of equipment. The initial cost of one the equipment is $200,000 with annual costs of $65,000 and revenues of $80,000 in year 1 , increasing by $5000 per year. A salvage value of $24,000 will be realized when the equipment is discontinued after 10 years. a) What rate of return did the company make on the process? b) If the desired MARR is 10%, is this a good investmentStep by Step Solution
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