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Barton Company can acquire a $ 7 0 0 , 0 0 0 machine now that will benefit the firm over the next 5 years.

Barton Company can acquire a $700,000 machine now that will benefit the firm over the next 5 years.
FV of 1(i =6%, n =5): 1.338
FV of a series of $1 cash flows (i =6%, n =5): 5.637
PV of $1(i =6%; n =5): 0.747
PV of a series of $1 cash flows (i =6%, n =5): 4.212
Annual savings in cash operating costs are expected to total $150,000. If the hurdle rate is 6%, the investment's net present value is:
Multiple Choice
$(141,800).
$(68,200).
$138,110.
$144,920.
None of the answers is correct.

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