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I need help with this question please Concose Park Department is considering a new capital investment. The following information is available on the investment. The
I need help with this question please
Concose Park Department is considering a new capital investment. The following information is available on the investment. The cost of the machine will be $330,000. The annual cash cost savings if the new machine is acquired will be $85,000. The machine will have a 5 -year life, at which time the terminal disposal value is expected to be $32,000. Concose Park Department is assuming no tax consequences. If Concose Park Department has a required rate of return of 10%, what is the NPV of the project? $7,765 $342,107 $12,107 $330,000 Step by Step Solution
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