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You have a machine that costs $30,000 now and can be sold for $13,000 in year 4. The machine costs $12,000 each year to operate and the raw materials cost $10,000 each year. The machine produces 500 pieces each year. Using an interest rate of 7%, what is the cost per piece produced? Cost/Piece________________

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91403239

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