Business, 19.02.2020 00:48 brooke0713

A machine costs $260,000 to purchase and will provide $60,000 a year in benefits. The company plans to use the machine for 12 years and then will sell the machine for scrap, receiving $15,000. The company interest rate is 11%. What is the present value of buying the machine, receiving annual benefits, and then selling the machine

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A machine costs $260,000 to purchase and will provide $60,000 a year in benefits. The company plans...

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