Question: TechCoin in considering buying a machine that has a life of 10 years. The cost and benefit information for the machine is as follows. Initial

TechCoin in considering buying a machine that has a life of 10 years. The cost and benefit information for the machine is as follows. Initial cost Annual benefits: Salvage value $250,000 $50,000/year for first 5 years Benefit reduces by $10,000/year for following 5 years $0 at the end in year 10 $20,000 Assume the interest rate is 10%. Calculate the present worth of the machine Round your answer to the nearest dollar.

Assume the interest rate is 10%. Cakculate the present worth of the machine Round your answer to the nearest dollar Assume the interest rate is 10%. Cakculate the present worth of the machine Round your answer to the nearest dollar

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