1.Assume that, at the end of the seven years' useful life of the machine, the Blue Corporation's...
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Question:
1.Assume that, at the end of the seven years' useful life of the machine, the Blue Corporation's management finds that the machine did, in fact, generate the following amounts of additional revenue in the indicated years:
YearAdditional Revenue
1$8,000
27,000
36,000
45,000
54,000
Discounted at (10) ten percent compounded interest per year, what is the present value of this actual stream of additional revenue?
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