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You plan to buy a farm for $1,000,000 initial investment. Also you need to buy equipment for $70,000 now and need to renew ev
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Answer #1

Yearly revenue=(Initial Cost+Equipment cost/(1-1/(1+MARR)^replacement period)+Annual Operating Cost/MARR)*MARR=(1000000+70000/(1-1/1.06^7)+14000/6%)*6%
=86539.45126413

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