Business
Business, 02.11.2020 17:20, Schaughn

A builder is considering purchasing a machine costing $90,000, which will save labour costs of $25,000 a year. The annual operating cost of the machine is $10,000. The estimated economic life of the machine is 10 years, when the salvage value is expected to be $10,000. What is the rate of return of this laboursaving device

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Answers: 2

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