Question: The cash flows for a machine are CF 0 = -16,500, CF j = 5225 for (j = 1,2,3,4). Determine how acceptable this machine is

The cash flows for a machine are CF0 = -16,500, CFj = 5225 for (j = 1,2,3,4). Determine how acceptable this machine is economically at the rate of 8% versus 12% per year, compounded annually?

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