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Recalibration of a machine costs $5,000 per year. If the machine will be recalibrated for each of 6 years starting 3 years after purchase, the
Recalibration of a machine costs $5,000 per year. If the machine will be recalibrated for each of 6 years starting 3 years after purchase, the equivalent future value at the end of year 8 at 16%/year is: Less than $40,000 Between $40,000-$41,000 Between $41,000-$42,000 Higher than $42.000
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