Question: show work You are operating an old machine that is expected to produce a cash inflow of $5,000 in each of the next three years

show work show work You are operating an old machine that is expected to

You are operating an old machine that is expected to produce a cash inflow of $5,000 in each of the next three years before it fails. You can replace it now with a new machine that costs $18,000 but is much more efficient and will provide a cash flow of $10,000 a year for five years. The discount rate is 10%, find the EAC of the new machine. Should you replace your equipment foow or later? (EACnew, choice) ($4025, replace later) (\$5411, replace now) (\$3949, replace later) ($5252, replace now) (\$4720, replace later)

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