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You are tasked with finding the present value of a new machine project you will buy for manufacturing at Nike. The initial cost of the
You are tasked with finding the present value of a new machine project you will buy for manufacturing at Nike. The initial cost of the machine is $3,250,000 and the project life is 11 years. Every year this machine should generate $505,000 in savings. Assume a 13% MARR for your company. What is the NPV?
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