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Carla Vista Enterprises is considering investing in a new packing machine. The new machine will provide annual cash operating inflows of $14514 for 5 years.
Carla Vista Enterprises is considering investing in a new packing machine. The new machine will provide annual cash operating inflows of $14514 for 5 years. The cost of the machine is $49914 and it can be sold at the end of its 5 -year useful life for $8024. Carla Vista's required rate of return is 10%. What is the machine's net present value? (round to the nearest dollar) $14638$10088($124)$19496
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