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The capital investment for a new highway paying machine is $950,000. The estimated annual expense, in year zero dollars is $92, 600. This expense is

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The capital investment for a new highway paying machine is $950,000. The estimated annual expense, in year zero dollars is $92, 600. This expense is estimated to increase at the rate of 5% per year. Assume that f=4.5%, the life of the machine is 5 years, and the salvage value at EOY 5 is 10 percent of the initial capital investment. The company's real rate of interest is 10.05%. Draw your cash flow diagram What uniform annual revenue in actual dollars would must be achieved each year for the next 5 years after the new paving machine is placed in-service to break even

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