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The Crockett Land Winery must replace its present grape - pressing equipment. The two alternatives are the Quik - Skwish and the StompMaster. The annual

The Crockett Land Winery must replace its present grape

-

pressing

equipment. The two alternatives are the Quik

-

Skwish and the StompMaster. The annual operating costs increase by

12 %

each year as the

machines age. If the interest rate is

9 %,

which press should be

chosen?

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