Question: A new punching machine will cost $ 4 , 0 9 6 . At the end of its 1 0 years useful life, the machine

A new punching machine will cost $4,096. At the end of its 10 years useful life, the machine can be sold for $739. The new machine will reduce annual expenses by $513. The interest rate is 10%.
The Present Worth for this investment is:
Enter your answer in this form: "1234.56"

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