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Esquire Company needs to acquire ar molding machine to be used in its manufacturing process Two types of machines that woolo ne appropriate are preseritly

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Esquire Company needs to acquire ar molding machine to be used in its manufacturing process Two types of machines that woolo ne appropriate are preseritly on the matket. The company has determined the following Machine A could be purchased for $16.500. it will last to years with anmal maintenance costs of 5600 per year Atte 10 yeath it machine can be sold for $1,650 Machine B could be purchased for $15,000. It also will last 10 years and will requare maintenance costs of 52.400 mit year thice $3.000 in year soc. and $3.600 in year eight After 10 years, the machine will have no salvage walue: Required: Assume an interest rate of 85 propetly reflects the time value of money in this 5 thuation and that mainterance costs are paid at ithe end of each year, Ignore income tax considerations. Calculate the present value of Machine A \& Machine B. Which machine Esquire shouid purchase? Note: Negotive amounts should be indicated by a minus sign. Do not round intermediote calculatione. Round your finol answers to PVAD of SI)

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