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A manufacturing company is willing to purchase a new machine to replace its existing one. The new machine is expected to increase its manufacturing efficiency;
A manufacturing company is willing to purchase a new machine to replace its existing one. The new machine is expected to increase its manufacturing efficiency; the monetary benefit of the new machine over the next five years is 20000, while the monetary benefit of the current machine over the same time period is 6000. The new machine's cost is 9000, and the current machine could be sold for 7000. Find the net benefit.
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