Business, 11.02.2020 23:13 eskarletche8
Levi Strauss has some of its jeans stone-washed under a contract with independent U. S. Garment Corp. If U. S. Garments operating cost per machine is $22,000 per year for years 1 and 2 and then it increases by $1000 per year through year 5, what is the equivalent uniform annual cost per machine (years 1 through 5) at an interest rate of 12% per year?
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