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you have built a new more efficient machine that just saved you 1500 in production costs over existing models. the saving sexpected continue forever. you

you have built a new more efficient machine that just saved you 1500 in production costs over existing models. the saving sexpected continue forever. you expect savings of 1000 over the next year after that the machine will gradully wear out so tha the savings decline at an annual rat eof 2 percent. the annual rate is 5 percent. what is the fait marlet value of the machine

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