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A company invests 6 2 0 3 3 into a new equipment that is ready for production in exactly 1 8 months from the time

A company invests 62033 into a new equipment that is ready for production in exactly 18 months from the time of investment. Once in production, the equipment can generate a net income payable continuously at the rate of 8761 per half-year for the first 5 years and of 11022 per year for the remaining 6 years until it is sold for 7316.
Assuming a force of interest of 2.9% per half-year is applicable for the entire period, calculate the net present value of the project in s to 2 decimal places.

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