Question: A company is considering purchasing a new machine that costs $ 1 0 0 , 0 0 0 and has an expected life of 8

A company is considering purchasing a new machine that costs $100,000 and has an expected life of 8 years. The machine will generate annual savings of $15,000 and has a salvage value of $10,000. Calculate the life cycle cost of the machine and discuss its financial viability.

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