Question: Problem ( algorithmic ) : Larson Manufacturing is considering purchasing a new injectionmolding machine for ( $ 3 0 0 , 0 0
Problem algorithmic: Larson Manufacturing is considering purchasing a new injectionmolding machine for $ to expand its production capacity. It will cost an additional $ to do the site preparation. With the new injectionmolding machine installed, Larson Manufacturing expects to increase its revenue by $ per year. The machine will be used for six years, with an expected salvage value of $ At an interest rate of would the purchase of the injectionmolding machine be justified?
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