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A new electronic process monitor costs $990,000. This cost could be depreciated at 30 percent per year (Class 10) The monitor would actually be worthless

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A new electronic process monitor costs $990,000. This cost could be depreciated at 30 percent per year (Class 10) The monitor would actually be worthless in five years. The new monitor would save $460,000 purchase? Assume a tax rate of 40 percent. (Do not round intermediate calculations. Round the final answer to 2 decimal places.) NPV

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