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A company is considering purchasing new equipment that costs $150,000. Year0:$150,000PaymentSchedule Year 2: $15,000 Year 3: $15,000 $20,000 Year 4 and 5: $25,000 Year 6:

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A company is considering purchasing new equipment that costs $150,000. Year0:$150,000PaymentSchedule Year 2: $15,000 Year 3: $15,000 $20,000 Year 4 and 5: $25,000 Year 6: $25,000 $30,000 Calculate the NPV for this project if the company's rate of return is 11%. NVP = Round to two decimal places

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