Question: After installing a new machine there is significant scrap reduction over a period of 6 months. The $ value of the scrap savings for 6

After installing a new machine there is significant scrap reduction over

After installing a new machine there is significant scrap reduction over a period of 6 months. The $ value of the scrap savings for 6 months are in the table. Assume the interest rate is 12% per year compound monthly. What is the net present value of the all scrap savings? MUST use gradient formula. After Month 1 2 3 4 5 6 Scrap savings 20K 22K 24K 25K 28K 30K

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