If Dr. Smith buys a machine for $5,000 and is able to improve the earnings of her

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If Dr. Smith buys a machine for $5,000 and is able to improve the earnings of her practice by $2,000 a year for five years, and then can sell the machine for $600 as scrap, what is the NPV at 15 percent? What is the IRR? Discuss.
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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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