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must use excel/ show work and equations You are tasked with finding the present value of a new machine you will buy for manufacturing. The

must use excel/ show work and equations
You are tasked with finding the present value of a new machine you will buy for manufacturing. The initial cost of the machine is $ 2,850,000 and the project life is 8 years. Every year this machine should generate $400,000 in savings. Assume a 12% MARR for your company. What is the NPV

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