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QUESTION 4 Component Time is investigating the purchase of a new threading machine that costs $18,000. The machine would save about $4,000 per year over
QUESTION 4 Component Time is investigating the purchase of a new threading machine that costs $18,000. The machine would save about $4,000 per year over the present method of threading component parts, and would have a salvage value of about $3,000 in 6 years when the machine would be replaced. The company's required rate of return is 12%. What is the machine's net present value? (State as a positive or negative)
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