An injection melding machine has a first cost of 1050000, Microeconomics

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An injection melding machine has a first cost of 1050000

An injection melding machine has a first cost of $1,050,000 and a salvage value of $225,000 whenever the machine is sold. The yearly maintenance and operating costs are $235,000 with a gradient of $75,000. The MARR is 10%. What is the economic life? Please calculate by hand and then use EXCEL.

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Microeconomics: An injection melding machine has a first cost of 1050000

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