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Please solve the following problem First Cost = $43,000 Annual Cost = $8,000/year Salvage Value =...

Please solve the following problem

First Cost = $43,000

Annual Cost = $8,000/year

Salvage Value = $2,700

Life = 5 years

Desired Rate of Return = 14%

Find: The Capital Recovery value

Round the answer to the nearest thousand.

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Answer #1

data Given Jol一 rat COst 43,000 Annua $8,000 Cost Salvnge = $ Value 400 dife 5 yeans Rate nelum 1410 Destred ep) Captal Reove

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