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The owner of a chocolate candy manufacturing business is considering purchasing a new packaging machine to improve the efficiency of the manufacturing process. The cost

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The owner of a chocolate candy manufacturing business is considering purchasing a new packaging machine to improve the efficiency of the manufacturing process. The cost of the machine is $250,000. The annual maintenance cost associated with the machine is $15,000 and there is an additional cost of $25,000 every 10 years to replace certain parts. What is the capitalized equivalent cost if the interest rate of this investment is 15% and is assumed that the machine will last infinitely

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