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Braxton Manufacturing is considering the purchase of new computerized equipment. The machine costs $75,000 and would generate $22,000 in annual cost savings over its 5-year

Braxton Manufacturing is considering the purchase of new computerized equipment. The machine costs $75,000 and would generate $22,000 in annual cost savings over its 5-year life. At the end of 5 years, the equipment would have a $5,000 salvage value. Braxtons required rate of return is 12%. The machines net present value is

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