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at the end of 4 years for $ 1 6 , 7 0 0 . Following is a table for the present value of $
at the end of years for $
Following is a table for the present value of $ at compound interest:
tableYear
Following is a table for the present value of an annuity of $ at compound interest:
tableYear
Use the tables above.
a Determine the net present value of Project A over a year life with salvage value assuming a minimum rate of return of Round your answer to two decimal places.
b Which project provides the greatest net present value?
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