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Nash inc, a manufacturer of steel school lockers, plans to purchase a new punch press for use in its manufacturing process. After contacting the appropriate

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Nash inc, a manufacturer of steel school lockers, plans to purchase a new punch press for use in its manufacturing process. After contacting the appropriate vendors, the purchasing department recelved differing terms and options from each vendor. The Engineering Department has determined that each vendor's punch press is substantially identical and each has a useful life of 20 years. In addition, Engineering has estimated that required year-end maintenance costs will be $970 per year for the first 5 years, $1,970 per year for the next 10 years, and $2,970 per year for the last 5 years, Following is each vendor's sales package. Vendor A: $51,370 cash at time of delivery and 10 year-end payments of $16,370 each. Vendor A offers all its customers the right to purchase at the time of sale a separate 20 year maintenanco service contract, under which Vendor A will perform all year-end maintenance at a one-time initial cost of $10,780. Vendor B: Forty semiannua payments of 59,920 each, with the frest instaliment due upon delivery. Vendor B will perform all year-end inaintenance for the next 20 years at no extracharge: Vendor C: Full cashiprice of $163,300 witt be budupon detlvery Assuming that both Vendors A and B with be able to perform the required year-end maintenance, that Nash's cast of funds is 105 , and the machine will be purchased on January 1, compute the following The present value of the cash flows for vendor A. Round factor values to 5 declmal ploces, 5.125124 and final answer to 0 decimal ploces, es 450,581) The present value of the cash outflows for this option is \$ The present value of the cash flows for vendor B. (Round foctor values to 5 decimal places, es. 1.25124 and final answer to 0 decimal ploces, es 458,581) The present value of the cash outhows for this option is \$ The presint value of the cash flows for vendor C. (Round factar vilues to 5 decimal ploces es. 1.25124 and final answer to 0 decimal ploces, es. 458,581. The present value of the cash outhlows for this option is $ From which vendor should the press be purchased

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