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Ana Sews is considering purchasing new Industrial Sewing Equipment. What is the Net Present Value of this investment given the following information and present value

Ana Sews is considering purchasing new Industrial Sewing Equipment. What is the Net Present Value of this investment given the following information and present value tables?

Investment Cost: 150,000
Annual Cash Inflows: $30,000
Life of Equipment: 8 years
Salvage Value at the end of 8 years: $10,000
10% Required return on investments

Present Value of 1
Periods 8% 9% 10%
7 .5835 .5470 .5132
8 .5403 .5019 .4665
9 .5002 .4604 .4241
10 .4632 .4224 .3855
Present Value of an Annuity of 1
Periods 8% 9% 10%
7 5.2064 5.0330 4.8684
8 5.7466 5.5348 5.3349
9 6.2469 5.9952 5.7590
10 6.7101 6.4177 6.1446

A. $14,712

B. $67,344

C. $164,712

D. $633,396

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