Considering a machine which will have an estimated service


Considering a machine which will have an estimated service life of 10 years with a salvage value of 10% of the investment cost. Its expected saving from annual operating and maintenance costs are estimated to be $60,000.To expect a 15% rate of return on investment. What would be the maximum amount that you are willing to pay for the machine?

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Business Economics: Considering a machine which will have an estimated service
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