(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

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