Question: Please help me solve this, economics A machine tool has an initial value of $100,000, an expected life of 7 years, with a salvage value
Please help me solve this, economics

A machine tool has an initial value of $100,000, an expected life of 7 years, with a salvage value of 11% of its first cost. Its operating costs are expected to be $10,000 per year. The desired rate of return is 15%. Determine the annual cost of the equipment including the return on investment, $33,043 $27,540 $35,873 $32,346
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