Review Homework: 5-15---Use Future Worth Method for same problem as above Machine costs $980,000 to...

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Accounting

Review Homework: 5-15---Use Future Worth Method for same problem as above

Machine costs $980,000 to purchase and will provide $200,000 a year in benefits

13 year life

Salvage Value: Sell the machine year 13 for $20,000

MARR = 12%

Is this a good investment? Use Future Worth (FW) Method

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