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A company is considering the purchase of new equipment for 554.000. The projected annual net cash lows ate 322 300. The machine has a useful

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A company is considering the purchase of new equipment for 554.000. The projected annual net cash lows ate 322 300. The machine has a useful life of 3 years and no salvage value Management of the company requires a 10% retum on investment. The present value of an annuity of $1 for various periods follows 2 0.9991 1.7355 2.4869 What is the net present value of this machine assuring all cash flows occur at year-end

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