The ABC company is considering the purchase of a new machine that will last 5 years...

The ABC company is considering the purchase of a new machine that will last 5 years and cost $100,000; maintenance will cost $12,000 per year. If the interest rate is 10% per year, compounded quarterly,

a. how much money should the company set aside for this machine

b. what is the future value, at the end of year 5, of the given cash flows

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jeff jeffy answered 1 year ago

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