Question: With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render its AW equal to that of

With the estimates shown below, Sarah needs to determine the trade-in (replacement) value of machine X that will render its AW equal to that of machine Y at an interest rate of 9% per year. Determine the replacement value. Machine X MachineY 91,000 Market Value, $ Annual Cost, $per Year Salvage Value 40,000 for year 1,increasing by 2000 per year thereafter. 15,000 5 -64,000 10,500 Life, Years The replacement value is $
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