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BSU Inc. wants to purchase a new machine for $33,680, excluding $1,300 of installation costs. The old machine was bought five years ago and had

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BSU Inc. wants to purchase a new machine for $33,680, excluding $1,300 of installation costs. The old machine was bought five years ago and had an expected economic life of 10 years without salvage value. This old machine now has a book value of $2,100, and BSU Inc. expects to sell it for that amount. The new machine would decrease operating costs by $8,000 each year of its economic life. The straight-line depreciation method would be used for the new machine, for a slx-year period with no salvage value Click here to view PV table. (a) Determine the cash payback period. (Round cash payback period to 2 decimal places, e.g. 10.53) Casl payback period years (b) Determine the approximate internal rate of return. (Round oanswer to O decimal ploces, eg. 13 %. For colculotion purposes, use 5 decimal places as displayed in the factor table provided.) % Internal rate of return (c) Assuming the company has a required rate of return of 11 % , determine whether the new machine should be purchased The investment be accepted. Show Al Math 211 Onlin.... zp Math 211 Onlin....zip file-2.jpeg file (1)peg

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