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Compute the project net present value for greenscapes inc

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Problem 1: Greenscapes, Inc. is interested in acquiring a new machine that costs $92,000. The machine will last 6 years and provide a cost savings of $23,000 a year. The required rate of return is 12%. Compute the project's net present value (rounded).

a.) $2,652
b.) $2,514
c.) $2,562
d.) $2,762

Reference no: EM132760808

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