julieisnor8278 julieisnor8278
  • 16-01-2024
  • Business
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What is the economic life of the following asset, given that its purchase price is $60,000 and the MARR (Minimum Acceptable Rate of Return) is 10%?
a. 6,000 years
b. 10 years
c. 15 years
d. 20 years

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