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NextTechnology company is considering investing in a machine: Initial cost of equipment Estimated life Salvage value Annual cash inflows Estimated cost of capital $45,000 5

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NextTechnology company is considering investing in a machine: Initial cost of equipment Estimated life Salvage value Annual cash inflows Estimated cost of capital $45,000 5 years $5,000 $15,000 8% (Hint: please remember to consider the cash inflow associated with getting rid of the machine 'salvage value' at Year 5.) The net present value of the equipment is: $ Should NextTechnology invest in this project? Enter Y for yes, or N for No

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