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Business, 08.06.2021 18:10 robert7248

IPS Corp. will upgrade its package-labeling machinery. It costs $850,000 to buy the machinery and have it installed. Operation and maintenance costs, which are $11,000 per year for the first 3 years, increase by $1000 per year for the machine's 10-year life. The machinery has a salvage value of 12% of its initial cost. Interest is 25%. What is the future worth of cost of the machinery

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IPS Corp. will upgrade its package-labeling machinery. It costs $850,000 to buy the machinery and ha...
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