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Calculate the net present value and profitability index of each machine. Assume a 9 % discount rate. ( If the net present value is negative,
Calculate the net present value and profitability index of each machine. Assume a discount rate. If the net present value is negative, use either a negative sign preceding the number eg or parentheses eg Round answer for present value to decimal places, eg and profitability index to decimal places, eg For calculation purposes, use decimal places as displayed in the factor table provided.
Which machine should be purchased?
should be purchased.
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