If the discount rate is 10 and the lathe will last for 5


A precision lathe costs $30,000 and will cost $40,000 a year to operate and maintain. If the discount rate is 10% and the lathe will last for 5 years, what is the equivalent annual cost of the tool?

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Basic Statistics: If the discount rate is 10 and the lathe will last for 5
Reference No:- TGS02841362

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