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The factory acquires another embroidery machine with a value of $ 32,000, which depreciates 10% annually, with a salvage value of $ 10,000.00 how long

The factory acquires another embroidery machine with a value of $ 32,000, which depreciates 10% annually, with a salvage value of $ 10,000.00 how long does the machine have? Explain the formulas you use

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