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Altax Manufacturing is considering the purchase of a new machine to use in its packing...

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Accounting

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Altax Manufacturing is considering the purchase of a new machine to use in its packing department. The new machine will have an initial cast of $170,000, a useful life of 10 years and a $5,000 residual value Altrax will realize 515,500 in annual savings for each of the machina's 10-year useful life. Given the company's 5% required rate of return, the new machine will have a net present value (NPV) of Present Value of 51 Periods 10 51 12 13 14 15 3% 0.744 0.722 0.701 0.681 0 661 0542 49 0676 0.550 0625 0.601 0577 0555 5% 0.614 0.585 0 557 0.530 0.505 0.481 Dan And OA ($122.761) OH (547 239 OC (553,379 OD. (550,309 14 15 0.661 0.642 0.577 0.555 0.505 0 481 Present Value of Annuity of $1 Periods 3% 10 8,530 11 9.253 12 9954 13 10.635 14 11.296 15 11.938 4% 8.111 8.760 9.385 9.986 10.563 11.118 5% 7722 8.306 8.863 9.394 9.899 10.380 (Round any intermediary calculations and your final answer to the nearest dollar) OA (5122.761) OB. (547 239) OC (553, 379) OD. ($50 309)

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