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You purchased an equipment at a cost of $30,000. After 8 years of service life it can be sold for $10,000. The equipment will provide

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You purchased an equipment at a cost of $30,000. After 8 years of service life it can be sold for $10,000. The equipment will provide an uniform annual benefit A. Draw a cash flow diagram on a timeline for this transaction. 2 Determine the value of A that will justify the purchase of this equipment at i=5 %. Your beginning salary is $60,000.00. Assume your salary increases by 5% per year. You deposit 10% of your salary at the end of each year for 3 years in a savings account that earns 6% interest annually. How much money will you have in the savings account at the end of 4 years

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