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Apple Inc. is considering an investment that costs $30,000 and will provided cash inflows of $9,000 for the next four years. If Apple requires a

Apple Inc. is considering an investment that costs $30,000 and will provided cash inflows of $9,000 for the next four years. If Apple requires a 15% rate of return on investments, what is the net present value (NPV) of this investment? What is the payback period for the potiental investment that Apple is considering? (Round to 2 decimals)

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