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A delivery service feels they could increase their profits by purchasing a new truck for $ 5 8 , 5 0 0 . This should

A delivery service feels they could increase their profits by purchasing a new truck for $58,500. This should lead to increased profits of $19,000 in the 1st year, $12,000 in the 2nd year, and $16,000 in the 3rd year. It could sell the truck at the end of 3 years for $11,500.a. If the company's required rate of return is 7.5% compounded annually, what is the Discounted Cash Flow (DCF) of the net returns?Round to the nearest centb. Is this a worthwhile investment? Yes Or No

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