Illustrate what is the rate of return for this machine

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Q. A new machine can be purchased today for $300,000. The annual revenue from the machine is calculated to be $67,000 also the equipment wills last 10 years. Expect the maintenance also operating costs to be $3000 a year also to increase $600 per year. The salvage value of the machine will be $20,000. Illustrate what is the rate of return for this machine?

Reference no: EM1389258

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