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A clinic is considering the possibility of two new purchases: new MRt equipment and new biopsy equipment. Each project requires an investment of $412,100, The

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A clinic is considering the possibility of two new purchases: new MRt equipment and new biopsy equipment. Each project requires an investment of $412,100, The expected life for each is five years with no expected salvage value. The net cash inflows associated with the fwo independent projects are as follows: The present value tables provided in Exhibit 19B.1 and Exhibit 19B.2 must be used to solve the following probiems. Required: Compute the net present value of each project, assuming a required rate of 10 percent. If the NPV is negative, enter your answer as a negative value

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