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Mammoth Company is considering the acquisition of two machines. Assume straight-line depreciation. Ignore income taxes. The percent value of an ordinary at 14% and 5

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Mammoth Company is considering the acquisition of two machines. Assume straight-line depreciation. Ignore income taxes. The percent value of an ordinary at 14% and 5 periods is 3.4131. The present value of a dollar at 14% and periods is compounded annually. A) Calculate the net present value for both machines. B) What is the appropriate purchasing decision for Mammoth Company concerning the Wooly or Tusk machine

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