Question: You are purchasing a new milling machine for your facility. From past experience, you estimate the future repair costs as: The dealer offers to sell

You are purchasing a new milling machine for your facility. From

You are purchasing a new milling machine for your facility. From past experience, you estimate the future repair costs as: The dealer offers to sell you a four-year repair contract for $6000. You require at least a 6% interest rate on your investments. Should you invest in the repair contract

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