QUESTION 32 (Quantitative Question) You are thinking of building a new machine that will save you $1200 in the first year. The machine will then begin to wear out so that the savings decline at a rate...

32 you dont have to include timeline

Extracted text: QUESTION 32 (Quantitative Question) You are thinking of building a new machine that will save you $1200 in the first year. The machine will then begin to wear out so that the savings decline at a rate of 2.9% per year forever. What is the present value of the savings if the interest rate is 5.2% per year? Write the answer both space provided and on the empty pages on which you will also show your work (including timeline in the ). QUESTION 33