Question: QUESTION 1 1. You can continue to use your less efficient machine at a cost of $8,000 annually for the next five years. Alternatively, you

QUESTION 1 1. You can continue to use your less efficient machine at a cost of $8,000 annually for the next five years. Alternatively, you can purchase a more efficient machine for $12,000 plus $5,000 annual maintenance that will last 8 years. At a cost of capital of 15 percent, should you purchase the new machine or use the old one. Arial TTTF Paragraph XDO (12pt) T' T. Path Wordo 3 points

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