Question

Champion bakers uses specialized ovens to bake its bread. Oneoven costs $870,000 and lasts about 3 years before it needs to bereplaced. The annual operating cost per oven is $9,000. What is theequivalent annual cost of an oven if the required rate of return is10 percent? (round your answer to whole dollars) $-340,511 $-360,431 $-358,840 $-363,721 $-353,821

Answer 1

no I don't know answer