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A project has estimated annual net cash flows of $8,750 for two years and is estimated to cost $47,500. Assume a minimum acceptable rate of
A project has estimated annual net cash flows of $8,750 for two years and is estimated to cost $47,500. Assume a minimum acceptable rate of return of 12%. Use thePresent Value of an Annuityof $1 at Compound Interesttable below.
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