Required information

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displayed below.$]$

Following is information on an investment in a

manufacturing machine. The machine has zero salvage

value. The company requires a $6\%$ return from its

investments.

Compute this machine's net present value. $($PV of $$1,$ FV of $$1,$ PVA of

$$1,$ and FVA of $$1)($Use appropriate factor$($s$)$ from the tables providec

Round all present value factors to $4$ decimal places. Round present

value amounts to the nearest dollar.$)$