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ACCOUNTING QUIZ - plz highlight the final answer -/1 View Policies Current Attempt in Progress Bonita Co. is considering purchasing a machine that will produce

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ACCOUNTING QUIZ - plz highlight the final answer image text in transcribed
-/1 View Policies Current Attempt in Progress Bonita Co. is considering purchasing a machine that will produce annual savings of $22600 at the end of the year, Bonita requires a 10% rate of return and the asset has a 6-year useful life. What is the maximum Bonita would be willing to pay for this machine? Present Value of Annuity oli Period 10% 4.355 Present Value of 1 Period 10x 6 0.564 $63732 $98423 O $135600 $76478 Save for later Attempts: 0 of 1 used Submit

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