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Your accountant has provided you with the following table of salvage values for a certain type of apricot squeezing machine, which you are considering for

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Your accountant has provided you with the following table of salvage values for a certain type of apricot squeezing machine, which you are considering for use in your Sour Apricot Sherbet Shop. Calculate the economic life (years) of this piece of equipment. The first cost is $25,000 and MARR is 12%. Your accountant has provided you with the following table of salvage values for a certain type of apricot squeezing machine, which you are considering for use in your Sour Apricot Sherbet Shop. Calculate the economic life (years) of this piece of equipment. The first cost is $25,000 and MARR is 12%

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