Question: a Question 2 -BERK is evaluating two different book printing machines. Machine I costs $270,000, has a three-year life, and has operating costs of $45,000

 a Question 2 -BERK is evaluating two different book printing machines.

a Question 2 -BERK is evaluating two different book printing machines. Machine I costs $270,000, has a three-year life, and has operating costs of $45,000 per year. Machine II costs $370,000, has a five-year life, and has operating costs of $48,000 per year. If your discount rate is 12 percent, compute the EAC for both machines. Which do you prefer? Why? (10 points)

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