Rework Problem 15-17, assuming that decisions are made taking into account the time value of money at
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Rework Problem 15-17, assuming that decisions are made taking into account the time value of money at an annual interest rate of 10%. [Note: You need compound interest tables to solve this problem. You can use Excel function NPV(i, R) to compute the present value of cash flows stored in range R, given interest rate i. NPV assumes that each cash flow occurs at the end of the year.]
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