Question: What is the maximum you should pay for the machine? An old machine that you own at your small bakery costs $10,000 annually to operate.

What is the maximum you should pay for the machine? An old machine that you own at your small bakery costs $10,000 annually to operate. What is the maximum that should be paid to replace the old machine with a new one that will last for three years and cost you only $4,000 annually to operate

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