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JT Engineering wants to purchase a machine that costs $110,000, has an estimated 10 year life, and has no salvage value. Estimated annual cash inflows
JT Engineering wants to purchase a machine that costs $110,000, has an estimated 10 year life, and has no salvage value. Estimated annual cash inflows are $74,000 and estimated outflows are $56,000. JT's required rate of return is 15%, which has a present value factor of 5.0188. Based on this information, the NPV of this purchase indicates that JT[should/ should not]pursue the project.
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