A new computer costs $5,000 and is expected to save $500 per month in employee time because of its speed. It has an expected life of 3 years. How much of the equipment cost is recovered per year?

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The Answer of A new computer costs $5,000 and is expected to save $500 per month in employee time because of its speed. It has an expected life of 3 years. How much of the equipment cost is recovered per year?

A New Computer Costs $5,000 and Is Expected to Save