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WorldWide Aquatic Systems is considering purchasing a used skimmer for an oil cleaning operation. The system will cost $375,000 The estimated useful life of the
WorldWide Aquatic Systems is considering purchasing a used skimmer for an oil cleaning operation. The system will cost $375,000 The estimated useful life of the skimmer is 7 years. The first year of use is $75,000 and subsequent years $145,000 annually. The system will have a salvage value of $50,000 at the end of its useful life. Should the system be acquired if the MARR is 12%?
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