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Please solve this perfectly and match with the following options. Don't just copy chegg solution blindly. A new equipment was bought for $19,000 with a
Please solve this perfectly and match with the following options. Don't just copy chegg solution blindly.
A new equipment was bought for $19,000 with a life of ten years. The equipment also has no salvage value. Its annual operating costs were as follows: \$13,000; \$13,910; \$14,883.70; \$15,925.56; \$17,040.35. If the MARR =15%, what was the present equivalent cost of the equipment? a. None b. 68,144 c. 22,248 d. 75,356Step by Step Solution
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