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Your company is looking to b uy an equipment. Equipment A costs $500 and the lifetime is 5 years. Equipment B costs $800 and the

Your company is looking to b uy an equipment. Equipment A costs $500 and the lifetime is 5 years. Equipment B costs $800 and the lifetime is 10 years. Assuming 7% interest compounded annually, show how you will find which equipment is the better deal.

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