Question: BOSH Construction is planning to purchase a Wildcat welding machine that will generate annual income of $ 2,500 starting year one. The welding machine

BOSH Construction is planning to purchase a Wildcat welding machine that will generate annual income of $ 2,500 starting year one. The welding machine will cost $40,000 and be used for 7 years then sold for $ 2,000. The estimated annual maintenance cost will be $500 per year for the first year, decreasing by $50 thereafter. If BOSH is using a 10% interest per year, what is the Annual Worth of the entire investment? 2000
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