The purchase cost of a copy machine is 5000 each year it


The purchase cost of a copy machine is $5,000. Each year it costs $1500 on maintenance. After 10 years it will be scra pped for a salvage value of $800. What is the equivalent uniform annual cost (EUAC) of this copy machine with an annual interest rate of 15%?

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Business Economics: The purchase cost of a copy machine is 5000 each year it
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