Question: please explain the correct answer given. please show excel formulas with control tilde. Question 29 0/1 point Moonshine Corporation is considering purchasing one of two
please explain the correct answer given. please show excel formulas with control tilde.
Question 29 0/1 point Moonshine Corporation is considering purchasing one of two machines. Machine A has a useful life of 8 years and costs $185,000. The machine A's annual maintenance costs are $2,000. Machine B has a useful life of 12 years and costs $215,000. The machine B's annual maintenance costs are $2,500. Given a rate of 7%, calculate each machine's EAC. Machine A EAC - $25,570; machine B EAC = $29,569. Machine A EAC - $26,570; machine B EAC - $30,569. Machine A EAC - $23,570, machinc BEAC - $27,569. Machine A EAC = $22,570, machinc BEAC - $26,569. Machine A EAC = $24,570; machine B EAC - $28,569. 19 noints
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