Business
Business, 27.02.2020 23:55, aurorasweetpea610

A company is considering replacing a machine that was bought six years ago for $50,000. The machine, however, can be repaired and its life extended by ļ¬ve more years. If the current machine is replaced, the new machine will cost $44,000 and will reduce the operating expenses by $6,000 per year. The seller of the new machine has offered a trade-in allowance of $15,000 for the old machine. If MARR is 12% per year before taxes, how much can the company spend to repair the existing machine? Choose the closest answer.

a.$22,371
b.$50,628
c.$7,371
d.$1,000

answer
Answers: 3

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A company is considering replacing a machine that was bought six years ago for $50,000. The machine,...

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