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The manager of a canned food processing plant is trying to d

Paper help Economics The manager of a canned food processing plant is trying to d

Economics

The manager of a canned food processing plant is trying to d

The manager of a canned food processing plant is trying to decide between two labelingmachines. Dete… Show more The manager of a canned food processing plant is trying to decide between two labelingmachines. Determine which should be selected on the basis of rate of return with a MARR of 20%per year. (i=30.3% ; select machine B) Machine A B First cost, $ -15,000 -25,000 Annual operating cost, $/year -1,600 -400 Salvage value, $3,000 4,000 Life, years 2 4 How do I show work for this by trail and error? • Show less

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