A machine tool company is considering a new investment in a punch press machine that will...

A machine tool company is considering a new investment in a punch press machine that will cost $100,000 and has an annual maintenance cost of $10,000. There is also an additional overhauling cost of $20,000 for the equipment once every four years. Assuming that this equipment will last 12 years under these conditions, what is the cost of owning and maintaining the punch press at an interest rate of 10%?

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jeff jeffy answered 1 year ago

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