Question 9 1 points Saved SABIC is interested in manufacturing equipment. The initial cost of the machine is 90,000. The installation of the machine costs 6,000. It is expected to generate annual saving of 35,000 during the first year of operation. The saving will increase at 8% per year over the year before. The machine can be used for 10 years with 10,000 as the salvage value. The machine operates 4000 hours per year. SABIC'S MARR is 12%. The equivalent saving per working hour is approximately equal to None of the other answers 7.56 per hour 7.38 per hour 11.80 per hour