Question: i need step wise solution: 6: An analog oven has a useful life of 7 years and costs $50,000. A digital oven costs $63,200. Assume

i need step wise solution:

i need step wise solution: 6: An analog oven has

6: An analog oven has a useful life of 7 years and costs $50,000. A digital oven costs $63,200. Assume 6.6% interest. What useful life is required for the digital oven to be a better decision financially? Use annual analysis. Answer: _(to within one hundredth year like 12.67) Reasoning/Work

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