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Mathematics, 19.12.2019 22:31 jennyferluna0216

Office furniture makers, inc. uses machines to produce high quality office chairs for other firms. the initial cost of one customized machine is $750,000. this machine costs $12,000 a year to operate. each machine has a life of 3 years before it is replaced. what is the equivalent annual cost of this machine if the required return is 10 percent? (round your answer to whole dollars.)

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