A machine costs 980000 to purchase and will provide 200000


A machine costs $980,000 to purchase and will provide $200,000 a year in benefits. The company plans to use the machine for 13 years and then will sell the machine and receive $20,000. The company’s interest rate is 12%. Calculate the Net Present Worth (NPW) and indicate whether to purchase the machine.

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Financial Management: A machine costs 980000 to purchase and will provide 200000
Reference No:- TGS01709102

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