Business, 13.08.2020 18:01 heyheyhola

A company is considering expanding their production capabilities with a new machine that costs $38,000 and has a projected lifespan of 8 years . They estimate the increased production will provide a constant $5,000 per year of additional income . Money can earn 1.7% per year, compounded continuously . Should the company buy the machine

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A company is considering expanding their production capabilities with a new machine that costs $38,0...

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