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Business, 15.10.2019 00:20 joynerjaila

You are operating an old machine that is expected to produce a cash inflow of $6,600 in each of the next 3 years before it fails. you can replace it now with a new machine that costs $21,600 but is much more efficient and will provide a cash flow of $12,400 a year for 4 years. calculate the equivalent annual cost of the new machine if the discount rate is 16%. (do not round intermediate calculations. round your answer to 2 decimal places.) should you replace your equipment n

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