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G co is considering a machine that will produce annual savings of 24,600 at the end of the year. G co requires a 12% rate of return and the asset has a 5 - year useful life. How much should G co agree to pay for this machine? present value of annuity of 1: present value of 1: period 12% period 12% 5 3.605 5 .567

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Accounting Basics, Accounting

Category:- Accounting Basics
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