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Assume the machine can be sold for $10,000 at the end of year 3. Compute the present value of the salvage value at the end

Assume the machine can be sold for $10,000 at the end of year 3. Compute the present value of the salvage value at the end of year 3, if the tax rate is 34%, and the discount rate is 10%. 1. $10,000 2. $7,513 3. $6,600 4. $8,616 5. $9,678

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