Solve it correctly not use excel J&M is considering to invest in a vibratory finishing machine. The initial cost of thismachine is $3,000, and has a useful life of 8 years. The expected annual revenue ofthis machine is included in the table below.5.00S$$7009.1.$5002.3.Year000'IS 006SUse the appropriate gradient and uniform series to determine the present worth (P)using i= 10% per year. Show all work.008$($3,000) $50000S$CF*..Paragraph

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20 nsidering to invest in a vibratory finishing machine. The i s $3,000, and has a useful life of 8 years. The expected an 3. ine is included in the table below. 2 9. 0065 ppropriate gradient and uniform series to determine the p 0% per year. Show all work. 5. 4 00LS 00S$ 1. 00$$ (000'ES

20 nsidering to invest in a vibratory finishing machine. The i s $3,000, and has a useful life of 8 years. The expected an 3. ine is included in the table below. 2 9. 0065 ppropriate gradient and uniform series to determine the p 0% per year. Show all work. 5. 4 00LS 00S$ 1. 00$$ (000'ES

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter9: Capital Budgeting And Cash Flow Analysis

Section: Chapter Questions

Problem 13P

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Question

Solve it correctly not use excel

J&M is considering to invest in a vibratory finishing machine. The initial cost of this
machine is $3,000, and has a useful life of 8 years. The expected annual revenue of
this machine is included in the table below.
5.
00S$
$700
9.
1.
$500
2.
3.
Year
000'IS 006S
Use the appropriate gradient and uniform series to determine the present worth (P)
using i= 10% per year. Show all work.
008$
($3,000) $500
00S$
CF
*..
Paragraph

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