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Julio Company is considering the purchase of a new bubble packaging machine. If the machine will provide $20,000 annual savings for 10 years and
Julio Company is considering the purchase of a new bubble packaging machine. If the machine will provide $20,000 annual savings for 10 years and can be sold for $50,000 at the end of the period, what is the present value of the machine investment at a 9% interest rate with savings realized at year end? NOTE: Enter amounts rounded to two decimals (e.g., 78.76 or 40.00). PV of annual savings PV of final sale Total PV of machine investment
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