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10.24) In Problem 10.2, to finance the industrial robot, the company will borrow the entire amount from a local bank, and the loan will
10.24) In Problem 10.2, to finance the industrial robot, the company will borrow the entire amount from a local bank, and the loan will be paid off at the rate of $30,000 per year, plus 10% on the unpaid balance. Determine the net after-tax cash flows over the project life.
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