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A machine at a cost of $5,000 was purchased 3 years ago. It can be sold now for $3,000. ine is kept, the annual operating and maintenance costs will be $1,500. If it is annual o kept and operated for next five years, determine the amoun the cost of anticipated an interest rate of 10%. t at time 0 (now) equivalent to owning and operating the machine for the next five-year period. It is that the machine can be sold for $1.000 at the end of the five-year period. Use Answer- 506 S