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Greenscapes, Inc. is interested in acquiring a new machine that costs $92,000. The machine will last 6 years and provide a cost savings of $23,000

Greenscapes, Inc. is interested in acquiring a new machine that costs $92,000. The machine will last 6 years and provide a cost savings of $23,000 a year. The required rate of return is 12%. Compute the project's net present value.

  1. $2,652
  2. $2,514
  3. $2,562
  4. $2,762

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