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You are evaluating two different cookie - baking ovens. The Pillsbury 7 0 7 costs $ 5 9 , 0 0 0 , has a

You are evaluating two different cookie-baking ovens. The Pillsbury 707 costs $59,000, has a 5-year life, and has an annual OCF (after-tax) of -$10,400 per year. The Keebler CookieMunster costs $92,000, has a 7-year life, and has an annual OCF (after-tax) of -$8,400 per year.
If your discount rate is 11 percent, what is each machine's EAC? (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.)
\table[[,EAC],[Pillsbury 707,],[Keebler CookieMunster,]]
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