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Please show work A machine which costs $100 000 when new has a lifetime of 15 years and a salvage value equal to 20% of

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A machine which costs $100 000 when new has a lifetime of 15 years and a salvage value equal to 20% of its original cost. Determine the capital recovery for this machine, if the interest rate is 10% per year. compounded annually. Ans. $12517.60 per year 7.25 Repeat Problem 7.25, using a salvage value equal to 5% of the machine's original cost. Ans. $12 989.56 per year 7.26

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