=+EX 26-4 Calculate cash flows obj. 2 Year 1: ($102,900) Primera Banco is evaluating two capital investment
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=+EX 26-4 Calculate cash flows obj. 2 Year 1: ($102,900)
Primera Banco is evaluating two capital investment proposals for a drive-up ATM kiosk, each requiring an investment of $360,000 and each with an 8-year life and expected total net cash flows of $480,000. Location 1 is expected to provide equal annual net cash flows of $60,000, and Location 2 is expected to have the following unequal annual net cash flows:
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