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You have purchased a machine costing ​$26,000. The machine will be used for two​ years, and...

You have purchased a machine costing ​$26,000. The machine will be used for two​ years, and at the end of this​ time, its salvage value is expected to be ​$12,000. The machine will be used 5,000 hours during the first year and 7,000 hours during the second year. The expected annual net savings will be ​$45,000 during the first year and ​$50,000 during the second year. If your interest rate is 12​%, what would be the equivalent net savings per machine​ hour? The equivalent net savings are ​$ per machine hour.

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