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Consider the following two machines a company can purchase. The following table provides the costs of the machines and the annual cash flows obtained from
Consider the following two machines a company can purchase. The following table provides the costs of the machines and the annual cash flows obtained from the machines over their lifetimes. Initial Cost Years of Service Machine A ||$15,000 Cash Inflows per year ||$15,000 $13,000 16 Machine B $7,000 15 The discount rate is 1%. What is the net present value for each machine? Machine A= Number Machine B = Number
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