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1) Sue was presented with a capital expenditure for a new air conditioning unit which costs $12,000 today and would generate the following savings. Year
1) Sue was presented with a capital expenditure for a new air conditioning unit which costs $12,000 today and would generate the following savings. Year Amount 1 $2,000 2 $3,000 3 $2,000 4 $4,000 5 $5,000 6 $7,500 7 $5,000 8 $2,500 If the appropriate discount rate is 8 percent, what is the NPV and the IRR for this outlay?
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