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Your company is trying to decide on one of 2 options for a process improvement device. This device would improve the company process monetarily. See

Your company is trying to decide on one of 2 options for a process improvement device. This device would improve the company process monetarily. See below for improvements:

device original cost annual benefits for 6 years salvage value after 6 years
1 2000 450 100
2 3000 600 70

Using excel, complete npv analysis for each of the devices with 8% interest rate. which should they choose?

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