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Even Better Cakes wants to purchase a new machine for $ 3 6 , 9 9 0 with a 5 - year useful life. The
Even Better Cakes wants to purchase a new machine for $ with a year useful life. The machine is expected to generate additional cash revenurs of $ per year and reduce operating costs by $ each year of its economic life. The discount rate is What is the amount of the net present value of the machine? For calculation purposes, use five decimal places as displayed in the factor table provided. Round net present value answer to whole number eg
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Net present value $
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