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An investment that costs $90,400 will return $38,000 per year for 7 years. Click here to view factor tables Determine the net present value of

image text in transcribed An investment that costs $90,400 will return $38,000 per year for 7 years. Click here to view factor tables Determine the net present value of the investment if the required rate of return is 9 percent. (Ignore taxes.) (Round present value factor calculations to 4 decimal places, e.g. 1.2151 and final answer to O decimal places, e.g. 125. Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Net present value $

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