Question 1 1 points Save Answer Riverside Inc. uses specialized machines to make its product....
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Question 1 1 points Save Answer Riverside Inc. uses specialized machines to make its product. One machine costs $189,000 and lasts 7 years before it needs to be replaced. The annual operating cost per machine is $23,800. What is the equivalent annual annuity cost of the machine if the required rate of return is 10% -$63,909 -$62,622 -$60,101 $52,407 -$61,352
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