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A company is trying to decide whether or not to purchase a new model for its fleet. If it purchases the new model, it will

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A company is trying to decide whether or not to purchase a new model for its fleet. If it purchases the new model, it will remain in the company's fleet for the next three years. It costs $31,000, will generate revenues of $18,200 each of the next three years, and will be sold at the end of the third year for $5,900. The company's MARR is 16%. Calculate the PW of this investment. [Enter your answer with no dollar signs or commas] A company is trying to decide whether or not to purchase a new model for its fleet. If it purchases the new model, it will remain in the company's fleet for the next three years. It costs $31,000, will generate revenues of $18,200 each of the next three years, and will be sold at the end of the third year for $5,900. The company's MARR is 16%. Calculate the PW of this investment. [Enter your answer with no dollar signs or commas]

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