Please answer all 3 parts

A certain machine costs $25,100 to purchase and install. It has salvage values and operating costs as shown in the accompanying table. The salvage value of $20,000 listed at time 0 reflects the loss of the at the time of installation. The MARR is 12 percent. a. What is the economic life of the machine? What is the equivalent annual cost over that life? Now assume that the MARR is 5 percent. b. What is the economic life of the machine? What is the equivalent annual cost over that life? c. Explain the effect of decreasing the MARR. Click the icon to view the costs and salvage values for various lives. a. The economic life is year(s) with an EAC of $ (Round to the nearest whole number as needed.) A certain machine costs $25,100 to purchase and install. It has salvage values and operating costs as shown in the accompanying table. The salvage value of $20,000 listed at time 0 reflects the loss of the at the time of installation. The MARR is 12 percent. a. What is the economic life of the machine? What is the equivalent annual cost over that life? Now assume that the MARR is 5 percent. b. What is the economic life of the machine? What is the equivalent annual cost over that life? c. Explain the effect of decreasing the MARR. Click the icon to view the costs and salvage values for various lives. a. The economic life is year(s) with an EAC of $ (Round to the nearest whole number as needed.)