Country Breads uses specialized ovens to bake its bread One oven costs $189,000 and lasts about 7 years before it needs to be replaced The annual operating cost per oven is $23,800 What is the equivalent annual cost of an oven if the required rate of return is 11 percent show all work I have attached a photo of the formula $63,908 69 $48,313 04 $52,407 49 $50,561 10 $96,210 00 bread One oven costs S689,000 and lasts about 4 years before it needs to be replaced The annual operating cost per over is $41,000 What is the equivalent annual cost of an oven if the required rate of return is 13 percent A $272,638 B $248,313 C $232,407 D $200,561 E $196,210 1 0 13) NPV $689,000 $41,000 $810,953 32 0 13 $81995332 EAC (1 0 13 EAC $272,638 0 13

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Question: Country Breads uses specialized ovens to bake its bread. One oven costs $189,000 and lasts about 7 years before it needs to be replaced. The

Country Breads uses specialized ovens to bake its bread. One oven costs $189,000 and lasts about 7 years before it needs to be replaced. The annual operating cost per oven is $23,800. What is the equivalent annual cost of an oven if the required rate of return is 11 percent? show all work. I have attached a photo of the formula

-$63,908.69

-$48,313.04

-$52,407.49

-$50,561.10

-$96,210.00

Country Breads uses specialized ovens to bake its bread. One oven costs

bread. One oven costs S689,000 and lasts about 4 years before it needs to be replaced. The annual operating cost per over is $41,000. What is the equivalent annual cost of an oven if the required rate of return is 13 percent? A. -$272,638 B. $248,313 C. $232,407 D. $200,561 E. $196,210 1+0.13) NPV $689,000-$41,000 $810,953.32 0.13 -$81995332 EAC (1 +0.13 EAC -$272,638 0.13

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