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Assessment 7: (Algo) Mendez Gaming Company has an opportunity to... LO 16-1 Mendez Gaming Company has an opportunity to purchase a pinball machine. The machine

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Assessment 7: (Algo) Mendez Gaming Company has an opportunity to... LO 16-1 Mendez Gaming Company has an opportunity to purchase a pinball machine. The machine is expected to produce a net cash inflow of $2,100 per year for 4 years and to have a $1700 salvage value at the end of the machine's useful life. Assuming an ordinary annuity and a 4% required rate of return, the present value of the machine is (Use the Pot S1 and PVA of S1 tables) (Round intermediate and final answer to the nearest whole dollar.) Multiple Choice $9,076 O $7623 56.170 2: LL a 9 O search

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