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In: Economics

Your company is considering replacing it primary machine press. Given the following information, how many years...

Your company is considering replacing it primary machine press. Given the following information, how many years must the new machine be operational to justify replacing the old press. Provide your answer to the tenth of a year e.g. 1.5 years.

New Machine Cost: $120,000
Savings per year: $2,000
MARR: 10%
Lifetime (years) 20
Resale value 0

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Rahul Sunny answered 1 year ago
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