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A firm anticipates that if it spends $21,000 on a machine today its profit will increase by $7,000 for each of the next five years.Assuming

A firm anticipates that if it spends $21,000 on a machine today its profit will increase by $7,000 for each of the next five years.Assuming the interest rate is 6%, what is the net present value if it makes this purchase?Round your final answer to the nearest dollar.

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$10,144

$8,487

$12,526

$9,162

None of the answers listed is correct.

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