What is the npv

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Question - Your friend in mechanical engineering has invented a money machine. The main drawback of the machine is that it is slow. It takes one year to manufacture $100. ?However, once? built, the machine will last forever and will require no maintenance. The machine can be built in one year, but it will cost $1000 to build. Your friend wants to know if he should invest the money to construct it. If the interest rate is 9.5 % per? year, what is the NPV?

Reference no: EM133137232

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