Question: how can you solve this using BA II Plus finance calculator 23. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for it customers.
23. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for it customers. Each one of these machines costs $1.480,000 to purchase plus an additional $52,000 a year to operate. The machines have a 6-year life after which they are worthless. What is the equivalent annual ca one these machines if the required return is 16 percent? A. -S453,657 B. $427.109 - 1,48000 C. -$301 586 D. -$295,667 52,000 E. -$256.947 N = leurs IY 16%
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