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A firm is considering introducing a new product for which net return are expected to be - Year 1 to Year 3, inclusive $4000 per
A firm is considering introducing a new product for which net return are expected to be - Year 1 to Year 3, inclusive $4000 per year - Year 4 to year 7, inclusive $8000 per year - Year 8 to year 13, inclusive $5000 per year To introduction of the product requires an immediate outlay of $25000 for equipment estimated to have a salvage value of $3500 after 13 years. write answer in basic method.
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