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V1 1). Rubbermaid will purchase a new machine that will reduce costs by $200,000 per year for the first two years and $300,000 in the

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1). Rubbermaid will purchase a new machine that will reduce costs by $200,000 per year for the first two years and $300,000 in the next 3 years. At an interest rate of 15% what is the present value of these savings. 2) A company will issue a contract buying $100,000 worth of merchandise per year for eight years. The first purchase will be 3 years from now. What is the present value at 6% interest

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