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Question 12 0 / 3 pts A machine costs $261,755 to purchase and will provide $44,713 a year in benefits. The company plans to
Question 12 0 / 3 pts A machine costs $261,755 to purchase and will provide $44,713 a year in benefits. The company plans to use the machine for 11 years and then will sell the machine for scrap for $10. The interest rate is 15%. What is the net present value? Round your answer to the nearest dollar. Do not use dollar signs. Hint: Net present value may be positive or negative. You Answered -222,503 Correct Answer -27,738 margin of error +/- 1
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Management Accounting Information for Decision-Making and Strategy Execution
Authors: Anthony A. Atkinson, Robert S. Kaplan, Ella Mae Matsumura, S. Mark Young
6th Edition
137024975, 978-0137024971
