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Green Power Company is considering acquiring a new machine that will last 1 4 years and it can be purchased right now for 1 5
Green Power Company is considering acquiring a new machine that will last years and it can be purchased right now for dollars; maintenance will cost dollars the first year, increasing by dollars per year thereafter eg maintenance at the end of year two is equal to plus dollars If the interest rate is per year, compounded annually, how much money should the company set aside now to purchase and provide for the future maintenance of this machine NPVnote: round your answer to the nearest cent and do not include spaces, currency signs, or commas
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