Question: A currently used machine costs $ 1 1 , 0 0 0 annually to run. What is the maximum that should be paid to replace
A currently used machine costs $ annually to run. What is the maximum that should be paid to replace the machine with one that will years and
will cost only $ annually to run? The opportunity cost of capital is
The maximum amount that should be paid is:
$
please round your final result to decimals, but keep as many decimals as possible during calculation
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