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A machine costs $450,000 to purchase and will provide $90,000 a year in benefits. The company plans to use the machine for 5 years and

A machine costs $450,000 to purchase and will provide $90,000 a year in benefits. The company plans to use the machine for 5 years and then will sell the machine for scrap, receiving $100,000. The company interest rate is 7%. Should the machine be purchased

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