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The machine of Problem 5 is expected to provide net taxable income of $25,000 annually. Make a spreadsheet showing the ATCF for each of the

The machine of Problem 5 is expected to provide net taxable income of $25,000 annually. Make a spreadsheet showing the ATCF for each of the first 8 years. At the end of the eighth year, the company will sell the machine for $15,000. Find the After Tax Net Present Worth, Annual Worth, IRR and ERR. The tax rate is 25% and the company's after tax MARR is 12%.

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