Don corp is contemplating the purchase of a machine that


DON Corp. is contemplating the purchase of a machine that will produce net after-tax cash savings of $22,000 per year for 6 years. At the end of six years, the machine can be sold to realize after-tax cash flows of $4,500. Interest is 8%. Assume the cash flows occur at the end of each year.

Calculate the total present value of the cash savings.

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Financial Accounting: Don corp is contemplating the purchase of a machine that
Reference No:- TGS01057973

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