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Please include the work so i can learn the process Machinery costs $1 million today and $100,000 per year to operate. It lasts for 16

Please include the work so i can learn the process
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Machinery costs $1 million today and $100,000 per year to operate. It lasts for 16 years. What is the equivalent annual annuity if the discount rate is 9%? Enter your answer in dollars and round to the nearest cent (one-hundredth). Do not include the dollar sign ($). Do remember to include the negative sign

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