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Mathematics, 25.02.2022 08:30 mwilliams457

The following data applies to a New System to be implemented in a company: Investment cost in n = 0: $ 5,000

Investment cost in n = 1: $ 15,000

Shelf life: 10 years

Residual value (at the end of 11 years): $ 5,000

Annual income: $ 10,000 per year

Annual expenses: $ 2,000 per year

MARR: 8 %

Note: The first income and expenses will occur at the end of year 2.

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