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10 Check my work 0.12 points Monroe Corporation is considering the purchase of new equipment. The equipment will cost $44.000 today, However, due to its

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10 Check my work 0.12 points Monroe Corporation is considering the purchase of new equipment. The equipment will cost $44.000 today, However, due to its greater operating capacity, Monroe expects the new equipment to earn additional revenues of $7.250 by the end of each year for the next 10 years 1-a. Assuming a discount rate of 2.5% compounded annually, calculate the present value of annuityV of $1, PV of $1. EVA of $1. and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) use we limita BOOK Present value of annuity ew equi... ating capac Print by.. References ue of an erating cap 1-b. Should Monroe make the purchase? No Yes quipment

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