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What is the value of the machine today

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Question - Thompson Company has acquired a machine from a dealer that requires a payment of $45,000 at the end of five years. This transaction includes interest at 8%, compounded semiannually. What is the value of the machine today?

Reference no: EM132569124

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What is the value of the machine today : Thompson Company has acquired a machine from a dealer that requires a payment of $45,000 at the end of five years. What is the value of the machine today
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