Question: Question 3 2 pts Peach Co. spends $570,000 for a new catnip sorting machine with a residual value of $0. Peach Co. expects net cash

 Question 3 2 pts Peach Co. spends $570,000 for a new
catnip sorting machine with a residual value of $0. Peach Co. expects

Question 3 2 pts Peach Co. spends $570,000 for a new catnip sorting machine with a residual value of $0. Peach Co. expects net cash inows of $180,000 per year for the next 12 years. Assuming a 5% discount rate, what is the machine's NPV? Round your answer to the nearest whole dollar

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