Question: Question 8 (0.75 points) TestWire is considering purchasing a machine that will last for 10 years. The present value of the total cost of purchasing

Question 8 (0.75 points) TestWire is considering purchasing a machine that

Question 8 (0.75 points) TestWire is considering purchasing a machine that will last for 10 years. The present value of the total cost of purchasing and running the machine is -150,000. If the firm has a 10% cost of capital, what is the equivalent annual cost of the equipment? 16746 25860 24412 18579

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