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A new transmission in your truck will cost $9,500. Luckily, it should reduce maintenance expense by $3,150 each year for the next 10 years. What

A new transmission in your truck will cost $9,500. Luckily, it should reduce maintenance expense by $3,150 each year for the next 10 years. What is the NPV of the transmission? Use a discount rate of 10.6%, O $9,516 59,596 $9,366 59,752 $8.610

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