Question: Question 16 (5 points) [Exam 2 Bonus] Precision Mfg. is trying to decide which one of two machines to purchase. Machine A costs $180,000, has

Question 16 (5 points) [Exam 2 Bonus] Precision Mfg. is trying

Question 16 (5 points) [Exam 2 Bonus] Precision Mfg. is trying to decide which one of two machines to purchase. Machine A costs $180,000, has a 9-year life, and will produce $64.000 in annual net cash flow. Machine B costs $500,000, has a 10-year life, and will generate $109,000 in annual net cash flow. Neither machine will have any salvage value. Whichever machine is selected, it will never be replaced. The discount rate is 11% What is the equivalent annual annuity (EAA) for Machine A? (5 points) Instruction: Round your final answer to the nearest integer (no decimal). Do not include any symbol, numbers only, FINE D. Y $ 3 S6 5 6 & 7 8 9 E R. T Y U o D F G H J

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