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Your company is investing in a 6-year project. The cost of the machine is $25,000 with a salvage value of $5000 at the end of
Your company is investing in a 6-year project. The cost of the machine is $25,000 with a salvage value of $5000 at the end of the project. The machine will save labor costs but will have operating costs of $3000/ year. What is the annual savings in labor in order to make a 10% return on your investment?
$5,092 $8,740 $6,283 $8,092
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