Dermine the proper equations to find pw of each machine

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Reference no: EM13378689

Determine the proper equations to find PW of each machine. The cost of money is 10% per year.

Machine X Machine Y

Initial cost, $ -55,000 -46,000

Annual cost, $/year -10,000 -15,000

Salvage value, $ 10,000 24,000

Life, years 6 3

Reference no: EM13378689

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