Determine the eaw if sandwich cost of money is given

Reference no: EM132160406

Question: The Sandwich Company may buy a new piece of equipment for $25,000. The equipment's useful life is 4 years, and its salvage value is $5000. The company's net annual earnings should increase by $8000 for 4 years. Determine the EAW if Sandwich's cost of money is 10%.

Reference no: EM132160406

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