Question: Problem 1 Intro 3 years ago, a new machine cost $ 7 million to purchase. The machine was to be linearly depreciated to zero over

Problem 1
Intro
3 years ago, a new machine cost $7 million to purchase. The machine was to be linearly depreciated to zero over
20 years.
Part 1
What is the annual depreciation (in $ )?
Problem 1 Intro 3 years ago, a new machine cost $7

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