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Business, 13.05.2021 18:20 stephanieanaya7

Your company is considering purchasing one of two lathes. The Smithy lathe has an initial cost of $20k. Maintenance is estimated at $250 per year and after 10 years it will have a salvage value of $1000. The other option is the Capstan lathe, its purchase price is $15K. Maintenance is estimated to be $550 per year, after 10 years it will have a salvage values of $1700. The Smithy suppliers recommend that after 5 years you re-align the spindle at a cost of $500.What is the present worth of the Capstan lathe

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Your company is considering purchasing one of two lathes. The Smithy lathe has an initial cost of $2...
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