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SouthCo is considering the purchase of a new bubble packaging machine. If the machine will provide $25,000 annual savings for 4 years and can be
SouthCo is considering the purchase of a new bubble packaging machine. If the machine will provide $25,000 annual savings for 4 years and can be sold for $51,000 at the end of the period, what is the present value of the machine investment at a 9% interest rate with savings realized at year end
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