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machine's net present value is closest to: a. 10140 b.9076 c. 5000 d. 20000 Corporation is investigating the purchase of a new threading machine that

image text in transcribed machine's net present value is closest to: a. 10140 b.9076 c. 5000 d. 20000

Corporation is investigating the purchase of a new threading machine that costs $13,000. The machine would save about $5,000 per year over the present method salvage value of about $3,000 in 6 years when the machine would be replaced. The company's required rate of return IS 12%.

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