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Machine X will produce cost savings of $5,000 per year for 4

Machine X will produce cost savings of $5,000 per year for 4 years; machine Y will produce cost savi… Show more Machine X will produce cost savings of $5,000 per year for 4 years; machine Y will produce cost savings of $4,000 per year for 5 years. If the interest rate is 10%, compounded annually. What are the Present Value of their costs savings ? Not using a financial calculator can i see using the actual formulas • Show less


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