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Business, 22.08.2019 23:10 braydenaddison738

The new machine would cost $140,000 and would have a fourteen-year useful life. unfortunately, the new machine would have no salvage value. the new machine would cost $18,000 per year to operate and maintain, but would save $48,000 per year in labor and other costs. the old machine can be sold now for scrap for $14,000. the simple rate of return on the new machine is closest to: (ignore income taxes in this problem.) 14.29% 34.29% 31.75% 15.87%

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