Question: A new Wave soldering machine is expected to save Fast Circuit Boards 11,000 per year through a reduction of labour costs and increased quality.The machine

A new Wave soldering machine is expected to save Fast Circuit Boards 11,000 per year through a reduction of labour costs and increased quality.The machine has an expected life of 8 years, with zero salvage value after that time.The company can expect to get a 9 percent return on any investment.Determine the maximum price that they can afford to pay for the machine up front?

Machine Cost____________

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