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Seema is looking at an investment to upgrade an inspection line at her plant. The initial cost would be $150,000 with a salvage value of
Seema is looking at an investment to upgrade an inspection line at her plant. The initial cost would be $150,000 with a salvage value of 334000 after six years. Use the capital recovery.r formula to determine how much money,' must be saved ever}:r vear tojustifyr the investment at an interest rate of 15 percent. a Click the icon to view the table of compound interest factors for discrete compounding periods when i = 15%. The savings would need to be at least $1. (Round to the nearest cent as needed}
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