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You're thinking of building a new machine that you expect will save you $50,000 in the first year. The machine will then begin to wear
You're thinking of building a new machine that you expect will save you $50,000 in the first year. The machine will then begin to wear out so that the savings decline at a rate of 4.29 per year forever. What is the value of the savings if the discount rate is 8.696? O $581,395 O $390,625 5443,941 $1.136,363
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