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Business, 19.12.2019 06:31 mroueh21

Afurniture manufacturer is planning on buying a new industrial sander costing $118,000. the sander has projected maintenance costs of $16,000 annually over the three-year life of the sander. at the end of the three years, the sander will be worthless and will be scrapped. the company has a 34% tax rate, a 16% discount rate, and uses straight-line depreciation over the life of a project. what is the equivalent annual cost?

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