Calculate the npv for project

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Reference no: EM13516263

A machine that tiles costs R120 000 to install. Its economic life is expected to be 20 years and it costs R 15 000pa to maintain. annual net income is expected to be R25 000. Use a 10% pa interest rate. Tha bank interest for deposit is 8,5%. Is this project viable and why? Show your calculations. Tip: calculate the NPV for this project.

Reference no: EM13516263

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