Business, 07.04.2020 21:50, morganpl415

What is the capital recovery per year for a machine that has an initial cost of $175,000 and a salvage value of 25% of the initial value over a 7 year life at an interest rate of 6% per year compounded yearly?

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What is the capital recovery per year for a machine that has an initial cost of $175,000 and a salva...