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Present value of ( $ 1 ) received in ( n ) periods. Cullumber Manufacturing is considering the purchase of new computerized equipment. The machine

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Present value of \\( \\$ 1 \\) received in \\( n \\) periods. Cullumber Manufacturing is considering the purchase of new computerized equipment. The machine costs \\( \\$ 71400 \\) and would generate \\( \\$ 18480 \\) in annual cost savings over its 5 -year life. At the end of 5 years, the equipment would have a \\( \\$ 4200 \\) salvage value. Cullumber's required rate of return is \16. Click here to view the factor table. Using the present value tables, the machine's net present value is nearest (round to the nearest dollar) \\( \\$ 92400 \\). \\( \\$ 60509 \\). \\$.8891. \\$-10891. Present value of an annuity of \\( \\$ 1 \\) per period

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