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Please include explanation and formulas. Thank you! $1,000 with a periodic rate of 3%, and 2 compounding periods can be entered as 1000PV(2;3). nachine's net
Please include explanation and formulas. Thank you!
$1,000 with a periodic rate of 3%, and 2 compounding periods can be entered as 1000PV(2;3). nachine's net present value and decide if the machine is an acceptable investment. Round your present values to the nearest dollar. percent? Is the machine an acceptable investment if the company's required rate of return is 10% ? ) Refer to the data in b) for EastCo. How much would the annual net cash flows (cost savings) have to be for the new machine to provide the required 10% rate of return? Round your answer to the nearest dollar. $1,000 with a periodic rate of 3%, and 2 compounding periods can be entered as 1000PV(2;3). nachine's net present value and decide if the machine is an acceptable investment. Round your present values to the nearest dollar. percent? Is the machine an acceptable investment if the company's required rate of return is 10% ? ) Refer to the data in b) for EastCo. How much would the annual net cash flows (cost savings) have to be for the new machine to provide the required 10% rate of return? Round your answer to the nearest dollarStep by Step Solution
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