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Hi I need help answering the following question DON Corp. is contemplating the purchase of a machine that will produce cash savings of $33,000 per
Hi I need help answering the following question DON Corp. is contemplating the purchase of a machine that will produce cash savings of $33,000 per year for five years. At the end of five years, the machine can be sold to realize cash flows of $6,300. Interest is 12% Assume the cash flows occur at the end of each year. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of S1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the total present value of the cash savings. (Do not round Intermediate calculations. Round your final answer to nearest whole dollar.) Total present value Micro Brewery borrows $390,000 to be repaid in equal installments over a perlod of six years. The semiannual with the first payment due in six months, and Interest is at 6%. What is the amount of each payment? Multiple Choice $38,039 $39.180. $32,500. $33.475
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