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4. A small company purchased now for $240,000 will lose $10,200 each year the first four years. An additional $20,000 invested in the company during

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4. A small company purchased now for $240,000 will lose $10,200 each year the first four years. An additional $20,000 invested in the company during the fourth year will result in a profit of $60,000 each year from the fifth year through the twenty-five year. An additional investment of $10,000 is required at the fifteen and twenty year. At the end of 25 years, the company can be sold for $40,000. The MARR is 6% per year. a. What is the present worth of this investment? Would you recommend buying this company

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