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Unanswered Question 8 0/2 pts A new machine cost $50,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage
Unanswered Question 8 0/2 pts A new machine cost $50,000. The machine will be depreciated on a straight-line basis over 5 years to a salvage value of $1,000. The machine will be sold 5 years from now for $15,000. The machine will provide $14,000 per year in savings for 5 years and will require net working capital investment of $2,000. The tax rate is 15% and the discount rate is 12%. Find the NPV of the project. Round your answer to the nearest dollar. You Answered Correct Answer 4,651 margin of error +/- 50
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