A Polisher Costs $10,000 and Will Cost $20,000 a Year

question 107

Multiple Choice

A polisher costs $10,000 and will cost $20,000 a year to operate and maintain.If the discount rate is 10 percent and the polisher will last for 5 years, what is the equivalent annual cost of the tool?

• A)$22,638
• B)$85,815
• C)$12,638
• D)$32,638

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