A precision lathe costs $10,500 and will cost $22,500 a year to operate and maintain. If the discount rate is 14% and th

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answerhappygod
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A precision lathe costs $10,500 and will cost $22,500 a year to operate and maintain. If the discount rate is 14% and th

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A precision lathe costs $10,500 and will cost $22,500 a year to
operate and maintain. If the discount rate is 14% and the lathe
will last for 5 years, what is the equivalent annual cost of the
tool?
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