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A machine is expected to produce a net inflow of 4000 this year and 4000 next year before breaking. You can replace it now with
A machine is expected to produce a net inflow of 4000 this year and 4000 next year before breaking. You can replace it now with a machine that costs 15000 and will produce an inflow of 8000 per year for 3 years. Should you replace now or wait a year? (6%). (Please don't use excel and show the calculation steps with writing)
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