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Question 8 (10 points) A company that manufactures brushless blowers invested $600,000 in an automated...

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Question 8 (10 points) A company that manufactures brushless blowers invested $600,000 in an automated quality control system for blower housings. The resultant savings was $160,000 per year for 5 years. If the equipment had a salvage value of $50,000, what rate of return per year did the company make? 16.48% per year 8.58% per year 9.28% per year 12.33% per year

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