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20. What is the NPV of $5,000 year one, $3,000 year 2 and $8,000 year 3, assuming an initial purchase price of $12,000 and discount

20. What is the NPV of $5,000 year one, $3,000 year 2 and $8,000 year 3, assuming an initial purchase price of $12,000 and discount rate of 9.75%?

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