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Business, 21.12.2019 06:31 carliefox26

An electronic firm invested $60,000 in a precision inspection device. it cost $4000 to operate and maintain in the first year and $3000 in each later year. at the end of 4 years, the firm changed their inspection procedure, eliminating the need for the device. the purchasing agent was very fortunate to sell the inspection device for $60,000, the original price. compute the equivalent uniform annual cost during 4 years the device was used. assume the interest rate 10% per year.

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An electronic firm invested $60,000 in a precision inspection device. it cost $4000 to operate and m...
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