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A company will invest $96,296 on a capital expenditure (an asset with multi-year use). They estimate it will save $43,465 per year for the next

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A company will invest $96,296 on a capital expenditure (an asset with multi-year use). They estimate it will save $43,465 per year for the next 11 years. If their TVOM is 16.09%, what is the worth of the investment per year? (be sure to include the sign)

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