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years. At the end of 6 years, the machine would have a salvage value of $18,000. By reducing labor and other operating costs, the machine

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years. At the end of 6 years, the machine would have a salvage value of $18,000. By reducing labor and other operating costs, the machine would provide annual cost savings of $43,000. The company requires a minimum pretax return of 19% on al investment projects. The net present value of the proposed project is closest to: (lgnore income taxes in this problem.) Nevland Corporation is considering the purchase of a machine that would cost $120,000 and would last for 6 a. $32.966 b. $26,376 C. $64,902 d.$30,040

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