6 A new machine costs $X. It will be used for Y years then sold for $Z. If interest is A%, what net yearly savings are needed to justify its cost? X= Y= Z= A= $45,000 25 years $25,000 8% Try Again

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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6 A new machine costs $X. It will be used for Y years then sold for $Z.
If interest is A%, what net yearly savings are needed to justify its cost?
X=
Y=
Z=
A=
$45,000
25 years
$25,000
8%
Try Again
Transcribed Image Text:6 A new machine costs $X. It will be used for Y years then sold for $Z. If interest is A%, what net yearly savings are needed to justify its cost? X= Y= Z= A= $45,000 25 years $25,000 8% Try Again
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