Determine the break-even value for this investment


A $500,000 investment in a surface-mount placement machine is supposed to yeild annual savings of $92,500. It is not clear how long the machine will be used,but it is estimated that the machine's salvage value decreases at a rate of $45,000 per year. With an interest rate of 10%, determine the break-even value for this investment's duration.

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Accounting Basics: Determine the break-even value for this investment
Reference No:- TGS0695308

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