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Question 10) The annual operating costs of Machine A are $2,000. The machine will perform satisfactorilyover the next five years and has an estimated market

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Question 10) The annual operating costs of Machine A are $2,000. The machine will perform satisfactorilyover the next five years and has an estimated market value (MV) of $3,000 at the end of its useful life. A salesperson for another company is offering a replacement, Machine B, for $14,000, with a MV of $1,400 after five years. Annual operating costs for Machine B will only be $1,500. It is believed that S10,000 could be obtained for the old machine A if it were sold now. If the before-tax MARR is 11% per year, determine whether the old machine A should be replaced by the new machine B. i want brief explanation in 10 min otherwise skip

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