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Appendix Homework ase of new Help Save & Exit Submit Check my work 10 0.12 points se we limita Monroe Corporation is considering the purchase
Appendix Homework ase of new Help Save & Exit Submit Check my work 10 0.12 points se we limita Monroe Corporation is considering the purchase of new equipment. The equipment will cost $44,000 today. However, due to its greater operating capacity. Monroe expects the new equipment to earn additional revenues of $7.250 by the end of each year for the next 10 years. 1-a. Assuming a discount rate of 2.5% compounded annually, calculate the present value of annuity. (Ey of S1. PV of $1. FVA of S1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) Protect value of annuity ebook vequi... ting capac by References Je of an ating cap 1-b. Should Monroe make the purchase? No Yes uipment
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