Calculate the annual cost of piece of equipment

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Reference no: EM132295103

1. Calculate the annual cost of a piece of equipment which had an original cost of $75,968, an anticipated salvage value of $12,295, estimated life of 4 years, and interest cost at an interest rate of 3.3 percent? The tires cost $7,468 and are included in the purchase price of $75,968. (Round to the nearest dollar)

2. Explain clearly, and in your own words, the differences between (a) data validation, (b) data editing, and (c) data coding?

Reference no: EM132295103

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