Question: A machine costs $100,000 when new has a 15 year lifetime and a salvage value equal to 20% of its original value. The capital recovery

 A machine costs $100,000 when new has a 15 year lifetime

A machine costs $100,000 when new has a 15 year lifetime and a salvage value equal to 20% of its original value. The capital recovery costs, based on an interest rate of 8% per year, compounded annually is to: $12, 518 $12, 833 $13, 777 $10, 946 $21, 111

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