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Problem 7 A new Jetski machine costs S67,000 and has a lifespan of 5 years. The increased production is $ 15,000 per year of additional
Problem 7 A new Jetski machine costs S67,000 and has a lifespan of 5 years. The increased production is $ 15,000 per year of additional income. Money can earn 0.3% per year, compounded continuously. Calculate tatal Present value of cash flows, Select one a. 63,000 b. 98,344 c. 83,480 d. 12,000 e. 75,000
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