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A new computer system will require an initial outlay of $16,000, but it will increase the firms cash flows by $3,200 a year for each
A new computer system will require an initial outlay of $16,000, but it will increase the firms cash flows by $3,200 a year for each of the next 8 years. Calculate the NPV and decide if the system is worth installing if the required rate of return is 9%. Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places. Calculate the NPV and decide if
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