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A machine costing $30,000 to buy and $2,500 per year to operate. It will save $8,390 in annual labor packaging expenses over six years. The

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A machine costing $30,000 to buy and $2,500 per year to operate. It will save $8,390 in annual labor packaging expenses over six years. The anticipated salvage value of the machine at the end of six years is $6,000. This investment is and has IRR=

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