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
Correct Answer:
Verified
Correct Answer:
Verified
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