Problem 5-5 points company requires an initial cost of $75,000 to purchase a minicomputer whose...
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Accounting
Problem 5-5 points company requires an initial cost of $75,000 to purchase a minicomputer whose useful life is estimated to be eight years, The computer will sell for $15,000 at the end of its usefut lifeIf operating and maintenance costs are estimated to be $10,000 per year, and the interest rate is 25% per year, what is the equivalent uniform annual cost for the investment

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