What is machines interest rate

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Question - Leven Products, Inc., is investigating the purchase at a net grinding machine that has a projected life of 15 years. It is estimated that the machine will save escape per year in cash operating costs. What is machine's interest rate at return if it costs $111,500 new?

Reference no: EM131590194

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What is machines interest rate : Leven Products, Inc., is investigating the purchase at a net grinding machine, What is machine's interest rate at return if it costs $111,500 new
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