Question: Question 32 1 p Ybor Tool Makers, Inc. uses tool and die machines to produce equipment for other firms. The initial cost of one customized
Question 32 1 p Ybor Tool Makers, Inc. uses tool and die machines to produce equipment for other firms. The initial cost of one customized tool and die machine is $500,000. This machine costs $10,000 a year to operate. Each machine has a life of 3 years before it is replaced. What is the equivalent annual cost of this machine if the required return is 9%? (Round your answer to whole dollars.) O $175,104 $176,667 O $187,527 o $209.379 o $207,527
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