A company is considering expanding their production capabilities with a new machine that costs $98,000 and has a projected lifespan of 10 years. They estimate the increased production will provide a constant $10,000 per year of additional income. Money can earn 0.6% per year, compounded continuously. Should the company buy the machine? No, the present value of the machine is less than the cost by 81375 X over the life of the machine