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A machine is under consideration for a new manufacturing process. The interest rate is 10% compounded semianually. Compute the future worth of this alternative. First

A machine is under consideration for a new manufacturing process. The interest rate is 10% compounded semianually. Compute the future worth of this alternative.

First cost = 70,000

Semiannual cost = 6,000

Semiannual income = 18,000

Salvage value = 9,000

Life in years = 5

a. 45,911.80

b. 273,957.80

c. -255,958

d. 36,911.80

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