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show work You are operating an old machine that is expected to produce a cash inflow of $5,000 in each of the next three years

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You are operating an old machine that is expected to produce a cash inflow of $5,000 in each of the next three years before it fails. You can replace it now with a new machine that costs $18,000 but is much more efficient and will provide a cash flow of $10,000 a year for five years. The discount rate is 10%, find the EAC of the new machine. Should you replace your equipment foow or later? (EACnew, choice) ($4025, replace later) (\$5411, replace now) (\$3949, replace later) ($5252, replace now) (\$4720, replace later)

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