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A company predicts they will make $2,347 per year over the next 16 years if they spend $3,720 on a machine (an asset with multi-year

A company predicts they will make $2,347 per year over the next 16 years if they spend $3,720 on a machine (an asset with multi-year use). If the MARR is 15.2%, how much is this investment worth per year?

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