What must the annual revenue for years 2

Reference no: EM13181654

A machine is purchased for $150,000. Revenue for the first year was $50,000. Over the total estimated life of 8 years, what must the annual revenue for years 2 through 8 equal to recover the investment, if costs are constant at $42,000 and a return of 10% per year is expected? A salvage value of $20,000 is anticipated.

Reference no: EM13181654

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