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Business, 13.02.2020 19:56 wednesdayA

Equipment that will cost $3 million. The equipment requires maintenance of $5,000 at the end of each of the next five years. After five years it will be sold for $500,000. Assume a cost of capital of 15% and no taxes. What is the present value of the cost of the equipment

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Equipment that will cost $3 million. The equipment requires maintenance of $5,000 at the end of each...

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