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The machine will cost 160000 and will save the ompany 45000 per year in cash operating costs. The machine has an estimated useful life of

The machine will cost 160000 and will save the ompany 45000 per year in cash operating costs. The machine has an estimated useful life of five years and no expected salvage value. The company's cost of capital is 12%. Assume depreciation is straight line over 5 years and that the tax rate is 20%

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