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Business, 09.07.2019 04:40 gennhill14

The pan american bottling co. is considering the purchase of a new machine that would increase the speed of bottling and save money. the net cost of this machine is $57,000. the annual cash flows have the following projections. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. year cash flow 1 $ 21,000 2 24,000 3 28,000 4 14,000 5 9,000 a. if the cost of capital is 11 percent, what is the net present value of selecting a new machine?

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