dylanclark3968 dylanclark3968
  • 30-05-2023
  • Business
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It is estimated that a certain piece of equipment can produce savings of $22,000 per year, with a life expectancy of 5 years and a salvage value of $8,000. If the company needs to obtain a return on investment of 10% per year, what is the price of the equipment that justifies the investment?

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