Question: bad Help Save & Exit Subt 1 A precision lathe costs $11,800 and will cost $29,000 a year to operate and maintain. If the discount

bad Help Save & Exit Subt 1 A precision lathe costs $11,800 and will cost $29,000 a year to operate and maintain. If the discount rate is 125 and the fathe will last for 6 years, what is the equivalent annual cost of the tool? (Enter your answer as positive value. Round your answer to the nearest cent.) The equivalent annual costs 8 00:33 DER 11H Next

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