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Bank wants to add 5 new ATM machines. The new machine will cost 71,000 each and another 9,000 is required to install each machine. It
Bank wants to add 5 new ATM machines. The new machine will cost 71,000 each and another 9,000 is required to install each machine. It expects to save .59 per transaction and generate 200,000 transactions per year. The new machines will last 9 years. What is the NPV of this project with 10% expected rate of return?
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