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Question 2 5 pts Rubbermaid plans to purchase a robot for pulling parts from an injection molding machine. The company expects production costs savings of

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Question 2 5 pts Rubbermaid plans to purchase a robot for pulling parts from an injection molding machine. The company expects production costs savings of $100,000 per year in each of the first three years, and $200,000 per year in the subsequent 2 years. What is the present value of the cost savings if the company uses an interest rate of 6% per year on such investments

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