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please show work!! What is the NPV of the following investment proposal for new process machinery? Cost $16,000 Labor savings $8,200 per year - 3

image text in transcribed please show work!!

What is the NPV of the following investment proposal for new process machinery? Cost $16,000 Labor savings $8,200 per year - 3 years Salvage value $750 end of 3 years Discount rate 14%

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