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Calculate the NPV A manufacturing company is considering investing in a $40,000 manufacturing system. The investment can reduce material costs by $5,000 per year for

Calculate the NPV A manufacturing company is considering investing in a $40,000 manufacturing system. The investment can reduce material costs by $5,000 per year for 10 years. The company will use a discount rate and $0 salvage value. The present value of an annuity at 10% is 6.1446. Based on the information above. Calculate the net present value for the equipment

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