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A computerized design facility has a first cost of $750K

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A computerized design facility has a first cost of $750K. The annual O&M is $100K. The salvage value in year 40 is $5K. Computer monitor replacement will cost $250K every 8 years, and other hardware and software will need replacement every 4 years for $300K. If i = 12%, find the EAC for the 40-year horizon.

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