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A new electronic process monitor costs 5990,000. This cost could be deprecioted at 30% per ysar (Class 10). The monitor would actually be worthless in

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A new electronic process monitor costs 5990,000. This cost could be deprecioted at 30% per ysar (Class 10). The monitor would actually be worthless in flve years. The new monitor would save $460,000 per year before taves and operating costs. if we require a 15% return, what is the NPV of the purchase? Assume a tax rate of 40%, (Do not round lintermeciate calculations. Round the final answer to 2 decimal places. Omit 5 sign in your response.) NPV

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