Interior Producten eving the purchase of machine toote in manufacturing process. The new mate would cont ,000 have eyes Altre end of the site it would have side $2.800 Annual cost savings from ne new machine would be $12.500 per year for each of the 5 years of is er nichana memun quired to return of 14% on all new The presenta machine would be found any may calculations and your father dollar) Click the icon to www.there was of the mick the sun to view the value of a Duta Date A 1993 OB 536 OC 3453 OD $42.913 Pre Value of 51 Paris 5 PA51 Period 1 145 3210 31 16 04 13 0354 0.414 0.400 370 0314 1 4 TIE Interior Products, Inc. is evaluating the purchase of a new machine to use in its manufacturing process. The new machine would cost $36,000 and have a usefu $2,800. Annual cost savings from the new machine would be $12,500 per year for each of the 5 years of its life. Interior Products, Inc. has a minimum required would be closest to: (Round any intermediary calculations and your final answer to the nearest dollar) (Click the icon to view the present value of $1 table.) Click the icon to view the prosent value of annuity of $1 table.) Data Table Data Table A. 56,913 OB. $8,366 OC. $1.453 OD. $42,913 Present Value of Periods 5 Present Value of $1 Periods 5 6 7 14% 0.519 0.456 0.400 16% 0.476 0.410 0.354 18% 0.437 0.370 0.314 7 Print Done cturing process. The new machine would cost $36,000 and have a useful life of 5 years. At the end of the machine's life, it would have a residual value of of the 5 years of its life. Interior Products, Inc. has a minimum required rate of return of 14% on all new projects. The net present value of the new machine nearest dollar) Data Table 16% 0.476 0.410 0.354 18% 0.437 0.370 0.314 Present Value of Annuity of $1 Periods 14% 5 3.433 6 3.889 7 4 288 16% 3.274 3.685 4.039 18% 3.127 3.498 3.812 Print Done one