Question: new equipment costs 675000 and is expected to last for five years with a salvage value of 15000 during this time the company will use

new equipment costs 675000 and is expected to last for five years with a salvage value of 15000 during this time the company will use a 30% CCa rate. The new equipment will save $120,000 annually before taxes. If companys required rate of return is 12% determine the PVCCATS of the purchase Assume a tax rate of 35%

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