Question: solve using a financial calculator and show work please and thank you. 4. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for its

solve using a financial calculator and show work please and thank you.
solve using a financial calculator and show work please and thank you.

4. Automated Manufacturers uses high-tech equipment to produce specialized aluminum products for its customers. Each one of these machines costs $1,480,000 to purchase plus an additional S52,000 a year to operate. The machines have a 6-year life after which they are worthless. What is the equivalent annual cost of one these machines if the required return is 16 percent? (a) -$453,657 PV = (b)-$427,109 Evo (c)-S301,586 IIY= (d) -$256,947 PMT- NE

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