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Business, 04.03.2021 22:30 ishaanbaruah3040

. Kal Tech Engineering Systems is considering buying a blow molding machine for its operation in Tennessee. It is estimated that the net benefits in year will be $50,000 and increasing at the rate $5,000 for the next four years and stays at the same level as that of year 5 for the next 5 years. Of MARR is 8%, determine the amount of money that the company can invest on this blow molding machine. Assume the salvage at the end of year 5 will be about 30% of initial cost. A. $495,615 B. $516,500 C. $411,200 D $399,500

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