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The rental cost of a piece of equipment is $ 6 0 per hour. Given the below information for the ownership costs, calculate the maximum
The rental cost of a piece of equipment is $ per hour. Given the below information for the ownership costs, calculate the maximum cost of this equipment for which ownership makes sense. Assume that this piece of equipment will be efficient and you want a profit from this deal. Salvage value is $ after a useful life of hours. Use the table below to help calculate your answer.
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