Question: This answer is correct. Please show the by hand solution. EAC maintenance costs Year Salvage value Maintenance EAC Capital Total costs costs $32.000 $4,000 38.416

This answer is correct. Please show the by hand solution.
EAC maintenance costs Year Salvage value Maintenance EAC Capital Total costs costs $32.000 $4,000 38.416 $4,000 $42.416 15,031 7,065 3,320 1,561 30.889 24,226 19.813 5,923 9,027 14.12533,938 8,000 16,000 32,000 36,812 33.253 64000 16.746 22627 39.373 If the minimum acceptable rate of return is 8.0%, what is the purchase price of this equipment? $69.416 e $65,200 $69.045 $70.416 $6,416 Question 25
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