Business
Business, 28.04.2021 18:00, bhadd2001

you are operating an old machine that is expected to produce a cash flow of 6800 in each of the next 3 years before it fails. you can replace it now with a new machine that costs 21800 but is much more efficient and will provide a cash flow of 12700 a year for 4 years. Calculate the equivalent annual cost of the new machine if the discount rate is 15%

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