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QUESTION 5 A firm purchased some equipment at a very favorable price of $ 30,000. The equipment reduced costs by $ 1.000 per year during

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QUESTION 5 A firm purchased some equipment at a very favorable price of $ 30,000. The equipment reduced costs by $ 1.000 per year during 8 years of use. After 8 years, the equipment was sold for $ 40,000. What value is the EUAC closest to assuming an interest rate of 9%? a $ 795 b. $ 815 C. $ 785 d. $ 805

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