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Following is intormation on an investment in a manutacturing machine. I he machine has zero salvage value. I he company requites a 6% return from
Following is intormation on an investment in a manutacturing machine. I he machine has zero salvage value. I he company requites a 6% return from its investments Assume that instead of a zero salvage value, as shown above, the machine has a salvage value of $27,500 at the end of its three-year ife. Compute the machine's net present value. (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) (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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