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Business, 25.12.2019 00:31 Sariyahgaskin

Acompany buys a color printer that will cost $16,000 to buy, and last 5 years. it is assumed that it will require servicing costing $500 each year.

what is the equivalent annual annuity of this deal, given a cost of capital of 8%?

a) -$4507
b) -$4057
c) -$3606
d) -$3155

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