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A 5-year project requires the initial purchase of a 100000

A 5-year project requires the initial purchase of a $100,000 machine. This machine has an 8-year life and will be depreciated straight-line to zero. At the end of the project, the equipment can be sold for $20,000. The tax rate is 30 percent. What is the after-tax salvage value?

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Finance Basics: A 5-year project requires the initial purchase of a 100000

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Finance Basics: A 5-year project requires the initial purchase of a 100000

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