Question: A PCR machine costs $ 3 0 , 0 0 0 and will cost $ 4 0 , 0 0 0 a year to operate

A PCR machine costs $30,000 and will cost $40,000 a year to operate and maintain. If the discount rate is 10% and the machine will last for 5 years, what is the equivalent annual cost of the machine? (Do not round intermediate calculations.Round your answer to 2 decimal places. Enter your answer as a positive value.)

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