What is the present value of the machine

Reference no: EM132141011

Question: A company puts $25,000 down and will pay $5000 every year for the life of a machine (10 years). If the salvage value is $0 and the interest rate is 10% compounded annually, what is (most nearly) the present value of the machine? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132141011

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