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Please solve PharoahManufacturing is considering the purchase of new computerized equipment. The machine costs $95200and would generate $24640in annual cost savings over its5-year life. At
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PharoahManufacturing is considering the purchase of new computerized equipment. The machine costs $95200and would generate $24640in annual cost savings over its5-year life. At the end of5years, the equipment would have a $5600salvage value.Pharoah's required rate of return is12%.
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Using the present value tables, the machine's net present value is nearest (round to the nearest dollar)
$88822.
$-3201.
$123200.
$-6378.
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