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please show cash flow diagram and use tabulated factors to solve Anderson-McKee Construction expects to spend $835,000 for heavy equipment replacement now and another $1.1
please show cash flow diagram and use tabulated factors to solve
Anderson-McKee Construction expects to spend $835,000 for heavy equipment replacement now and another $1.1 million two (2) years from now. What equivalent annual revenue (i.e., every 12 months) over the next 4 years justifies purchase of the new machines? Assume the company's MARR is 8% per year compounded quarterlyStep by Step Solution
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