We are going to buy a new machine for $400,000. It will have a salvage value in

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We are going to buy a new machine for $400,000. It will have a salvage value in 5 years of $75,000. At an interest rate of 6% what is the annual worth of this machine

a-$81,165

b-$83,999

c-$90,678

d-$97,768

Related Book For answer-question

Financial Accounting and Reporting a Global Perspective

ISBN: 978-1408076866

4th edition

Authors: Michel Lebas, Herve Stolowy, Yuan Ding

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Posted Date: Jan 14, 2024 12:06 AM

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We are going to buy a new machine for $400,000. It will have a salvage value in

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Financial Accounting and Reporting a Global Perspective

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