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Green Power Company is considering buying a new machine that will last for 1 2 years. The machine cost 1 5 4 , 9 3
Green Power Company is considering buying a new machine that will last for
years. The machine cost dollars today. Maintenance expenses will be
dollars the first year, and will increase by dollars every year
afterward eg maintenance at the end of year two is equal to plus
dollars The interefic rate is per year, compounded annually. What is the net
present value NPV of this machine? Assume all maintenance expenses occur at
the end of every year. note: round your answer to two decimal places; do not
include spaces or dollar signs.
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