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Business, 05.08.2021 21:00 CelesteN64

OM Construction Company must choose between two types of cranes. Crane A costs $600,000, will last for five years, and will require $60,000 in maintenance each year. Crane B costs $750,000, will last for seven years, and will require $30,000 in maintenance each year. Maintenance costs for cranes A and B occur at the end of each year. The appropriate discount rate is 12 percent per year. Which machine should OM Construction purchase

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OM Construction Company must choose between two types of cranes. Crane A costs $600,000, will last f...

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