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Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 3% return from its investments.

image text in transcribed Following is information on an investment in a manufacturing machine. The machine has zero salvage value. The company requires a 3% return from its investments. QS 24-19 (Algo) Net present value with unequal cash flows LO P3 Compute this machine's net present value. (PV of $1, FV of $1, PVA of $1, and (Use appropriate factor(s) from the tables provided. Round all present value factors to 4 decimal places. Round present value amounts to the nearest dollar.)

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