Question: Check my work 9 Problem 2-13 Present values 10 Lotting Snodbury is considering investing in a new boring machine. It costs $414,000 and is expected

 Check my work 9 Problem 2-13 Present values 10 Lotting Snodbury

Check my work 9 Problem 2-13 Present values 10 Lotting Snodbury is considering investing in a new boring machine. It costs $414,000 and is expected to produce the following cash Hows Year Cash flow (5000) 1 69 2 3 4 76113 118 s 6 2 104 111 111 118 9 87 169 If the cost of capital is 13% what is the machine's NPV? (Do not round intermediate calculations. Enter your answer in whole dollars rounded to 2 decimal places.) Net ME G HI

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