Answer to Question #43951 in Finance for Mmeli

Question #43951
a small business is considering purchasing a new machine that is projected to yield savings in monetary terms of £1000 per year over a period of 10 years. Using 12 percent discount rate, calculate the present value of the savings (Hint: assume that the savings occur at the end of each year)
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Expert's answer
2014-07-08T10:26:37-0400
The answer to the question is available in the PDF file https://www.assignmentexpert.com/homework-answers/economics-answer-43951.pdf

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