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Suppose the purchase price for a fax machine is $800. If the market rate of interest is 0.05, annual maintenance expenses are 0.01, and physical
Suppose the purchase price for a fax machine is $800. If the market rate of interest is 0.05, annual maintenance expenses are 0.01, and physical and technological depreciation is 0.20, how much (rounded to whole dollars) will the machine's annual rental cost be? 2 Multiple Choice $316 $192 $808 $208
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Economics
Authors: John Sloman, Alison Wride
7th edition
978-027372130, 273721305, 978-0273721307
