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Business, 22.12.2020 16:40 Yehh7630

A computer you are considering for your business would add $4,000 per year to your profit for 5 years. It would cost $400 a year to buy a complete maintenance contract so that you would never have repair and upkeep expense. The going market interest rate is 5%. Assume all costs and revenue occur at the end of the year. What is the maximum you should be willing to pay for the machine

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