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

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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