What is the maximum marr of the company if it is to accept

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1) IQ Electronics, which assembles printed circuit boards, is considering the purchase of a new IC chip placement machine. It has a first cost of $450,000 and is expected to save them $125,000 per year in labour and operating costs compared with the system they have now. The life of the system is expected to be four years. The salvage value of the machine is expected to be $180,000. What is the maximum MARR of the company if it is to accept the project?

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Reference no: EM133447280

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