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A machine cost $30,000 initially and has no salvage value. The O&M costs in year 1...

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Finance

A machine cost $30,000 initially and has no salvage value. TheO&M costs in year 1 were $10,000 and have been increasing by$2,000 from year 2. The minimum cost life of this machine for aMARR of 10 %. (show your solution)

A. 4 years

B. 2 years

C. 6 years

D. None of above

Answer & Explanation Solved by verified expert
4.3 Ratings (891 Votes)
C 6 yearsYearInitial    See Answer
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