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Your boss has told you to evaluate the cost of two machines. After some questioning, you are assured that they have the costs shown at

image text in transcribed Your boss has told you to evaluate the cost of two machines. After some questioning, you are assured that they have the costs shown at the right. Assume: - The life of each machine is 3 years. - The company thinks it knows how to make 10% on investments no riskier than this one. Determine via present value method which machine to purchase

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