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Please solve the problem in excel with formulas. A company can purchase a new machine for $100,000 that generates $20,000 in annual revenue. Assuming 8

Please solve the problem in excel with formulas.image text in transcribed

A company can purchase a new machine for $100,000 that generates $20,000 in annual revenue. Assuming 8 year life and an interest rate of 7%, what is the breakeven annual savings? Analyze the effect on the breakeven annual savings by varying the interest rate between 4%10%. (5 pts.) A company can purchase a new machine for $100,000 that generates $20,000 in annual revenue. Assuming 8 year life and an interest rate of 7%, what is the breakeven annual savings? Analyze the effect on the breakeven annual savings by varying the interest rate between 4%10%. (5 pts.)

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