Business, 06.08.2021 16:50, sierramarco247

ALUM Inc. uses high-tech equipment to produce specialized products. Each one of its machines costs $2,345,000 to purchase plus an additional $125,000 a year to operate. The machines have a four-year (4) life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 9.5 percent

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ALUM Inc. uses high-tech equipment to produce specialized products. Each one of its machines costs $...