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You just purchased a pin-inserting machine to relieve some bottleneck problems that have been created in manufacturing a PC board. The machine cost $50,000 and

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You just purchased a pin-inserting machine to relieve some bottleneck problems that have been created in manufacturing a PC board. The machine cost $50,000 and has an estimated service life of five years. At that time, the estimated salvage value would be $5,300. The machine is expected to operate 2,400 hours per year. The expected annual operating and maintenance cost would be $6,400. If your firm's interest rate is 10%, what would be the machine cost (owning and operating) per hour? Click the icon to view the interest factors for discrete compounding when i= 10% per year. . . . The machine cost per hour would be $ . (Round to the nearest cent.) t more help - Clear all Check answer 1:00 PM 11/12/2022 18

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