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King's Department Store is contemplating the purchase of a new machine at a cost of $22,115. The machine will provide $5,000 per year in cash

King's Department Store is contemplating the purchase of a new machine at a cost of $22,115. The machine will provide $5,000 per year in cash flow for seven years. King's has a cost of capital of 9 percent. calculate your final answer using the financial calculator method.

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