What would be the required minimum annual after tax revenues

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You are considering purchasing a CNC machine which costs $130,000. This machine will have an estimated service life of 12 years with a net after tax salvage value of $13,000. It's annual after tax operating and maintenance costs are estimated to be $57,000. To expect an 17% rate of return on investment, what would be the required minimum annual after tax revenues?

Reference no: EM131607902

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