New technology would cost $9,789, but it will reduce expenses by $707 per year starting...

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Accounting

New technology would cost $9,789, but it will reduce expenses by $707 per year starting next year, forever. Additionally, the new technology would complement the production process by increasing productivity. This increases profits by $512 per year, also forever. Assuming the discount rate is 10.4%, what is the NPV of this project? round 4 decimals

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