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A company is considering the purchase of a new automated

A company is considering the purchase of a new automated inventory retrieval system to reduce costs. The new inventory retrieval system will cost $560,000. How much must be saved each year to recover this investment is seven years at an interest rate of 12% per year?

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Financial Accounting: A company is considering the purchase of a new automated

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Financial Accounting: A company is considering the purchase of a new automated

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