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Alfarsi InduStries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is consadering

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Alfarsi InduStries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. The company is consadering two different Investments. Each require an initial investment of $15,900 and will produce cash flows as follows End of Investment Year A 1 $8,900 $ 8,900 8,900 3 26,700 The present value factors of $1 each year at 15% are e.8696 2 0.7561 e.6575 The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of Investment B I (Round Intermediate answer to the nearest whole doller.) Mutiple Choice S1656

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