Alta Cohen is considering buying a machine to produce baseballs. The machine costs $10,000. With the machine,

Question:

Alta Cohen is considering buying a machine to produce baseballs. The machine costs $10,000. With the machine, Alta expects to produce and sell 1,000 baseballs per year for $3 per baseball, net of all costs. The machine's life is five years (with no ). Based on these assumptions and an 8% discount rate, what is the of Alta's investment?
Net Present Value
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