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Acme Industries is considering the purchase of a new piece of manufacturing equipment. The new machine will cost $475,000. The expected benefit of the equipment

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Acme Industries is considering the purchase of a new piece of manufacturing equipment. The new machine will cost $475,000. The expected benefit of the equipment will be increased productivity of $125,000 at the end of each year for six years. Calculate the net present value (NPV) for the machine assuming a cost of capital of 10% compounded annually. Round your answer to the nearest dollar. Your

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