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The machine has a 5 year useful and has a salvage value of $3,000. The new machine will generate $8,000 in additional sales each year. Bob has a hurdle rate of 10%. Based on this information, what is the net present value of the machine? 12. Chris Tellson invested in a project with a payback period of 4 years. The project brings $30,000 per year for a period of 8 years. What was the initial investment?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9442397

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