Tuesday

January 27, 2015

January 27, 2015

Posted by **Erika** on Wednesday, December 1, 2010 at 1:28am.

a) Find the present value of the revenue earned by the machine during the first year of operation. Round your answer to the nearest cent.

Value: $

b) Determine how long it will take for the machine to pay for itself; that is, how long until the present value of the revenue is equal to the cost of the machine. Round your answer to the nearest hundredth.

Years:

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