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5-15. A machine costs $980,000 to purchase and will provide $200,000 a year in benefits. The company plans to use the machine for 13 years

5-15. A machine costs $980,000 to purchase and will provide $200,000 a year in benefits. The company plans to use the machine for 13 years and then will sell the machine for scrap, receiving $20,000. The company interest rate is 12%. Should the machine be purchased?

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