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A new punching machine will cost $4,163. At the end of its 10 years useful life, the machine can be sold for $740. The new

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A new punching machine will cost $4,163. At the end of its 10 years useful life, the machine can be sold for $740. The new machine will reduce annual expenses by $637. The interest rate is 10%. The Present Worth for this investment is: Enter your answer in this form: "1234.56" Question 5 0.1pts The annual income from an apartment complex is $23,494. The annual expense is estimated to be $2,694. The apartment complex could be sold for $113,448 at the end of 10 years. If your MARR is 10%, how much should you pay for the apartment complex if you were to buy it now? Enter your answer as follow: 12345.67

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