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A piece of equipment has a cost of $ 2 0 , 0 0 0 . The equipment will provide cost savings of $ 3
A piece of equipment has a cost of $ The equipment will provide cost savings of $ each year for ten years, after which time it will have a salvage value of $ If the company's discount rate is what is the equipment's net present value? Do not round your intermediate calculations and round the final answer to the nearest whole dollar.
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