Determine the equivalent quarterly worth and the eaw

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Reference no: EM131807070

A certain machine costs $30,000. Expected revenues are $2500 per quarter for the next 6 years. The quarterly operating cost is $500. The machine can be sold for $1000 at the end of the 6 years. If interest is 8% compounded quarterly, determine the equivalent quarterly worth and the EAW.

Reference no: EM131807070

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