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Uinex Corporation is considering the purchase of a new machine that costs $18,000, has an expected useful life of 10 years, and has no salvage

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Uinex Corporation is considering the purchase of a new machine that costs $18,000, has an expected useful life of 10 years, and has no salvage value. Linex estimates that the machine will save the company $3,000 per year over the 10-year life. The company's cost of capital is 10%. The present value annuity factors of 10%,12%, and 14% for 10 years are 6.145,5.650, and 5.216 , respectively. The present value of $1 discounted for 10 years at 12% is 0.322 . Given the data provided, the NPV (ignoring taxes) is: Muntple Choice $1,050 .17 .034 52.352 435

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