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A new machine will cost $35,000. The machine is expected to last 4 years and has no salvage value. The following is known about the

A new machine will cost $35,000. The machine is expected to last 4 years and has no salvage value. The following is known about the annual savings due to the new machine.

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if the interest rate is 7%, determine the NPW of the machine.

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Annual savings $7,000 $8,500 $9,500

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