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Q1. Seagull Plc. has identified that it could save operating costs in production by buying an automatic press. There are two suitable presses in the

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Q1. Seagull Plc. has identified that it could save operating costs in production by buying an automatic press. There are two suitable presses in the market, namely the Zenith and the Super. The relevant data relating to each press are as follows: The finance cost is 8% per annum. (a) Find (b) Which machine will you buy? (c) Explain the reason why do you make such a decision

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