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Question 2: Your boss at Company A would like you to find the economic life of a new machine. This machine cost $8,500 to purchase

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Question 2: Your boss at Company A would like you to find the economic life of a new machine. This machine cost $8,500 to purchase but does not have a salvage value. Year 1 maintenance is $0 but will increase by $1,125 every year after that. It costs $1,500 per year to operate. The interest rate is 10% and the machine has a 10-year lifespan

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